The Indian microfinance sector is a museum of several approaches found across the world. Indian microfinance has lapped up the Grameen blueprint; it has replicated some aspects of the Indonesian and the Bolivian model. In addition to the imported artifacts of microfinance, we also have the home-grown model of self-help groups (SHGs). The unique feature of micro finance programmes is that it focuses on women for development. Most of the development programmes stared in the past had gender bias. However, the emphasis of the microfinance programme is right because in most of the developing countries, women have a low socio-economic status . As a result the women remained laggard and less participative in the development process of the country. Empowerment is the process of enabling or authorizing an individual to think, behave, and take action and controlling in an autonomous way.This book is a research on how Microfinace helps attain social empowerment,political empowerment & economic empowerment.