Which individual‐level factors motivate women to become a social entrepreneur? To answer this question, we examined the direct impact of problem‐solving skills, networking ability, and entrepreneurial knowledge with social entrepreneurial intention. Furthermore, we tested the indirect effects of these three factors through self‐efficacy. The study hypotheses were tested using a sample of 234 Bangladeshi women. In this research, Smart PLS 3.0 has been used to assess the study hypotheses. Our findings confirmed a positive and significant relation among problem‐solving skills, networking ability, and entrepreneurial knowledge with social entrepreneurial intention. Moreover, our data confirmed that self‐efficacy mediates the relationship among problem‐solving skills, networking ability, and entrepreneurial knowledge with social entrepreneurial intention.