Today, social entrepreneurship is growing rapidly in size, scope and support. An unprecedented number of organizations are using entrepreneurship as a strategy to address social problems like poverty, at-risk youth and hunger. Social entrepreneurs are developing creative and innovative organizations that give people the tools, education and resources to become an entrepreneur. As entrepreneurs, they can serve their own communities, improving health, decreasing hunger, creating safer environments and accessing clean water. Here are five organizations using social entrepreneurship to help create jobs in developing countries.
5 Examples of Social Entrepreneurship in Developing Countries
- The Adventure Project
The Adventure Project works in developing countries seeking out partnerships with organizations creating jobs for their communities. Some organizations include KickStart, LifeLine, Living Goods, Water for People, and WaterAid. The organization chooses partners based on their measurable social impact, a proven track record of success, and readiness to scale. Since its inception, the Adventure Project has empowered 798 people to find a job. This has led to thriving local economies, improved environmental conditions and even reduced mortality rates. In Kenya, cooking over an open fire posed a huge health risk to both people and the environment. Now, stoves are made and sold locally. Masons create stoves and vendors earn commissions for their sales. And because they’re using 50 percent less charcoal, families are saving 20 percent of daily expenses. In other countries, villagers have been trained as health care agents, selling more than 60 products at affordable prices. These health care agents also care for more than 800 people in their communities. - Indego Africa
Indego Africa is a nonprofit social enterprise that supports women in Rwanda through economic empowerment and education. This enterprise aims to break intergenerational cycles of poverty. To do so, Indego Africa provides female artisans with the tools and support necessary to become independent businesswomen and drive local development.Partnering with 18 cooperatives of female artisans, Indego Africa sells handcrafted products through an e-commerce site, collaborations with designers and brands and at boutiques worldwide. To develop their entrepreneurial skills, Indego Africa provides artisans with training in quality control, design and product management. Indego currently employs over 600 women, 58 percent of whom make over $2 a day. According to the World Bank, $2 a day marks the entry point into Africa’s growing middle class. - Mercardo Global
Mercardo Global is a social enterprise organization that links indigenous artisans in rural Latin American communities to international sales opportunities. As a result, this organization helps provide sustainable income-earning opportunities, access to business training and community-based education programs. Mercado Global also increases access to microloans for technology, such as sewing machines and floor looms. Mercado Global believes income alone cannot solve long-term problems. Therefore, the organization focuses on both business education and leadership training. In doing so, Mercado Global enables artisans to address systemic problems within their communities. Artisans are given microloans, ideally to purchase equipment that allows them to work more efficiently. They then pay back their loans, allowing another artisan to attain one. Forty-four percent of Mercado Global entrepreneurs held a leadership position within their cooperatives in the last three years. Ninety-six percent participate in the finances of their households. And 77 percent of women voted in their last community election.
