Social Entrepreneurship Ideas

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Through services like peer-to-peer lending, a borrower gains access to funds even when banks say 'no.'
Through services like peer-to-peer lending, a borrower gains access to funds even when banks say 'no.' (Image: piggy bank image by pershing from Fotolia.com)

Social entrepreneurs build their businesses around solving a social problem. Though social entrepreneurs seek to generate a profit, providing social value is equally important. According to the Public Broadcasting Service, the past two decades have seen an explosion of entrepreneurship and a healthy competition in the social sector. Social entrepreneurship ideas can be implemented in most sectors of business.

Special Education

Start a school for children with special needs, including behavior challenges and learning disabilities. Accept students of all ages from within a certain geographic area. Hire faculty and staff with extensive experience working with special-needs children. A wide variety of education-related government grants exist that will assist you in covering overhead costs such as staff salaries, the building lease and the cost of materials to operate the school. If you can open several schools, you can become a salaried employee at each school.

Book Recycling

As the popular proverb goes, "One man's junk is another man's treasure." This figure of speech can be applied to the world of used books. Often, books are printed and thrown away or donated to a local thrift shop. In schools, libraries will often give away excess books to make room for new inventory. You can start a business of collecting these used books and redistributing them to places like African schools and book stores where resources are scarce. Charge a small fee for each book and additional costs for shipping to reap a profit from book recycling.

Peer- to-Peer Lending

When conventional loans are inaccessible to consumers and entrepreneurs, peer-to-peer lending websites come to the rescue. The idea is to create some sort of communal investment fund and allow investors to browse the personal stories of borrowers, including their intended purpose for the asking amount. Peer-to-peer lending companies are typically web-based businesses that generate revenue by collecting servicing or other administrative fees on funded loans.

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