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Financing Rural Social Enterprises in India: Issues and Challenges

Financing Rural Social Enterprises in India: Issues and Challenges
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Author(s): B. C. M. Patnaik (KIIT University, India), Ipseeta Satpathy (KIIT University, India)and Vishal Jain (Sharda Unuiversity, India)
Copyright: 2025
Pages: 32
Source title: Rural Social Entrepreneurship Development: Network-Based Manufacturing System Model
Source Author(s)/Editor(s): Akhilesh Chandra Prabhakar (PNG University of Technology, Papua New Guinea), Poshan Yu (Soochow University, China)and Vasilii Erokhin (Harbin Engineering University, China)
DOI: 10.4018/979-8-3693-7515-0.ch006

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Abstract

Rural social entrepreneurship employs innovative and pragmatic approaches to address societal challenges, particularly for marginalized and impoverished communities. Entities that participate in rural social entrepreneurship are referred to as rural social enterprises, which may operate as either non-profit or for-profit organizations, with a focus on achieving rural social, economic, and environmental objectives. The driving force behind a rural social enterprise is the entrepreneur's commitment to rectifying perceived rural social injustices. The objective of this study is to investigate the financial obstacles encountered by rural social entrepreneurs in India and to contribute to the existing literature. The sample size is determined based on the criteria established by Rummel and Schwab in the 1970s and 1980s, in accordance with the identified characteristics. Additionally, a demographic profile is developed through primary data collection.

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