Social entrepreneurship is a growing model of global development, particularly in Africa, a continent where many are fatigued by the often prescriptive, top-down solutions that the traditional aid industry tends to favour.
What is unique about social entrepreneurs is their ability to draw upon business techniques to find solutions to social problems, and in that way provide goods and services to groups that are otherwise underserved by businesses, such as the urban poor or rural communities.
There has to be a commitment to excellence, and quality, as Colombian social entrepreneur Catalina Escobar, President of the Juan Felipe Foundation, puts it: “If you bring poor things to the poor, you’re extending poverty and misery. But if you bring the best to the poor … social transformation will kick in.”
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