๐ Social Enterprise
๐ฑ A social enterprise is a type of business that prioritizes social impact over profit maximization.
While it may earn revenue like a traditional business, its primary goal is to address social, environmental, or community issues. The key objectives of a social enterprise include:
- ๐ผRunning a business to create social benefits:
This is a core feature โ operating commercially but reinvesting profits to support social causes such as poverty alleviation, education, health, or environmental protection.
- ๐To maximize improvements in financial, social and environmental wellbeing:
Social enterprises often follow the “Triple Bottom Line” approach โ focusing not just on profit, but also on people (social impact) and the planet (environmental responsibility).
- ๐งผ Sulabh International
A classic example of social entrepreneurship in India.
Founded by Dr. Bindeshwar Pathak, it focuses on sanitation, public hygiene, and human rights, especially for manual scavengers.
It provides affordable sanitation solutions and promotes dignity and social equality.