Current Practice in Social Entrepreneurship

One well known contemporary social entrepreneur is Muhammad Yunus, founder and manager of Grameen Bank and its growing family of social venture businesses, who was awarded a Nobel Peace Prize in 2006. The work of Yunus and Grameen echoes a theme among modern day social entrepreneurs that emphasizes the enormous synergies and benefits when business principles are unified with social ventures.

In some countries - including Bangladesh and to a lesser extent the USA - social entrepreneurs have filled the spaces left by a relatively small state. In other countries - particularly in Europe and South America - they have tended to work more closely with public organizations at both the national and local level. Agency management software helps business to work at differnt level.

The George Foundation's Women's Empowerment program empowers women by providing education, cooperative farming, vocational training, savings plan, and business development. In 2006 the cooperative farming program, Baldev Farms, was the second largest banana grower in South India with 250 acres under cultivation. Profits from the farm are used for improving the economic status of the workers and for running the other charitable activities of the foundation.

ref: wikipedia, Insurance Software, NGO