Self Help Groups-An Effective Approach towards Women Empowerment Dr. Bassi Poonam Assistant Professor School of Management Studies Baddi University of Emerging Sciences and Technology, Baddi-173205, Distt-Solan. Himachal Prades Online published on 22 June, 2018. Abstract The Self Help Groups have contributed in developing the personality of women in molding the community into right perspective and in exploring the initiatives of women in taking up entrepreneurial activities. These groups enable the members to learn, to cooperate and to work in a group environment by providing savings and an effective credit delivery mechanism in order to cater to the economic needs of the members. Self-help Groups have been playing considerable role in training of Swarozgaris, infrastructure development, marketing and technology support, communication level of members, self confidence among members, change in family violence, frequency of interaction with outsiders, change in the saving pattern of SHG members, change in the cumulative saving pattern of SHG members per month, involvement in politics, achieving social harmony, achieving social justice, involvement in community action, sustainable quality and accountability, equity within SHGs, defaults and recoveries, and sustainability-financial value. The main objective of this paper is to find out the impact of micro finance and ‘Self Help Groups’ with respect to poverty reduction and empowerment of poor women. The study is based on secondary data. In this paper the role played by Microfinance in women's empowerment are considered into three dimensions namely psychological, social and economical. Analysis shows that there is a gradual increase in all the three factors among women. Top Keywords Microfinance, Development, Opportunity, Women Empowerment, Self Help G. Top |