In a large skillet over medium heat, add the lean ground beef. Cook for about 5-7 minutes until browned. Add soy sauce and hoisin sauce, mixing well.

Toss in the shredded carrots and chopped bell peppers to the skillet, cooking for an extra 1-2 minutes.

Prepare a shallow dish filled with warm water. Submerge one rice paper wrapper for about 10-15 seconds until soft.

Place the softened rice paper on a flat surface. Lay fresh basil leaves, followed by a spoonful of the beef and vegetable mixture. Roll tightly.

Arrange the assembled rolls on a platter and serve immediately with your favorite dipping sauce.