December 2023

Mohammad Anas Wahaj | 28 dec 2023

Social entrepreneurs leverage technology and innovation to solve societal issues and are often for-profit ventures. Bill Drayton founded Ashoka in 1980 and is considered as the 'father of social entrepreneurship'. Social entrepreneurship ecosystem is growing through socially responsible investing, conscious sonsumerism, corporate social responsibility (CSR), environment concerns, responsible governance etc. Following is the list of 10 most successful social entrepreneurs - (1) Bill Drayton, founder and CEO of Ashoka, is a pioneer of social entrepreneurship and also serves as chair of the board for Get America Working! and Youth Venture. (2) Rachel Brathen, yoga teacher, author of 'Yoga Girl' and founder of yoga studio called Island Yoga Aruba in Caribbean and oneOeight.tv, provides health, yoga and meditation services and is one of the top social media influencers in fitness. (3) Shiza Shahid, co-founder and promoter of Malala Fund, manages operations and efforts of Mala Yousafzai that focus on gender equality, women empowerment and girl education. (4) Blake Mycoskie is the founder of TOMS Shoes that donates one pair of shoes for every one sold by their organization and raises awareness on issues like global poverty and health. TOMS has donated 100 million pairs of shoes as of 2020. (5) Scott Harrison founded Charity: Water in 2006 that works on providing clean water to people in developing nations and funds projects like building wells and sanitation facilities. He is the author of the book 'Thirst: A Story of Redemption, Compassion, and a Mission to Bring Clean Water to the World.' (6) Muhammad Yunus founded Grameen Bank in 1983 and popularized the concepts of microfinance and microcredit. He was awarded Nobel Prize in 2006. Grameen Bank provides funding to villagers to bring them out of poverty and as of May 2022, 90% of its about nine million borrowers are women. (7) Jeffrey Hollender is a consultant, speaker, activist for CSR and author of several books including 'How to Make the World a Better Place'. He is co-founder and CEO of Hollender Sustainable Brands and former CEO and co-founder of Seventh Generation, a popular business for natural products. (8) Xavier Helgesen, Christopher 'Kreece' Fuchs, and Jeff Kurtzman are co-founders of Better World Books , an online bookstore that funds global literacy. (9) Marc Koska introduced a non-reusable, inexpensive syringe that can be used in underfunded clinics. He founded SafePoint Trust in 2006, which delivered four billion safe injections in 40 countries via his auto-disable syringes. (10) Sanjit 'Bunker' Roy founded Barefoot College in 1972, that is a solar-powered college for the poor. Read on...

Investopedia: The 10 Most Successful Social Entrepreneurs
Authors: Shoshanna Delventhal, David Kindness, Jiwon Ma

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