Explanation:

It is the use of the techniques by start-up companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues. Muhammad Yunus (Grameen Bank) was a famous social entrepreneur. Another example can be a crowd funding internet platform like https://milaap.org .These ventures are not necessarily formed to reinvest all profits into the communities. So, these firms apply commercial strategies to maximize improvements in human and environmental well-being.