Re-imaging Capitalism through Social Entrepreneurship

Abstract: Social Entrepreneurship focuses on activities that make world a better place to live in Social Entrepreneurship addresses various social issues. One such issue is rural development and poverty eradication. One way to achieve this is through self-Help groups. Self –Help group ( SHG) is a unique concept in India Self Help group is a homogenous group of people who have come together with the intention of increasing their income, improve their standard of living and status in society. Self –Help groups is a tool to eradicate poverty and encourage rural development. This study looks into journey of two women from two self-help groups of West Bengal. One SHG is located in rural area and another is in urban area. Self help groups helped them in developing their enterprise. These two micro entrepreneurs in turn provided livelihood to many women in their locality. They have been instrumental in providing other women in their locality with decent income. Self-Help groups not only helped in eradication of poverty but also helped in empowerment of women by providing them with income and social recognition.