Microfinance has made tremendous impact in India over the years and it's become a house hold name seeable of Socio-Economic benefits reaped/receivable from microfinance services by the poor lot in India. Self Help Groups (SHGs) became the business organisation (vehicle) of development process, especially in rural India converging most of the event programs. Microfinance sector has covered a protracted journey from Micro Savings to Microcredit so to Micro Enterprises and now entered the sphere of Micro Insurance. The gradual and evolutionary growth process has given a decent push to the agricultural poor to succeed in social and economic process together with empowerment resulting in happy life of participating house hold. Financial institutions within the country haven't only been playing a lead role but also joined hands productively with informal delivery channels. That's how microfinance has gathered momentum and registered a formidable expansion. During the last three decades some it's been realized that sustainable Rural Development needs the involvement of women in the social and economic activities empowerment and higher cognitive process process, as women are more sincere and active of development process. Women are capable of playing pivotal role within the family and society. SHGs have provided the required platforms for the identical.

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Keywords: Micro Level, Indigenous, Staggering, Opportunities, Needs, Involvement of Women’s.