The Object of the Present Study Is to Examine the Role of Micro Finance In Enhancing Women Empowerment Through Shgs. This Study Covered the Areas of Five Selected Districts of Odisha. a Structured Questionnaire Was Administered to Obtain Information on Selected Variables on the Socio-Economic and Cultural Variables That Affect the Members After Joining the Shgs. Finally, the Information from 612 Member Respondents Representing Cross Section of Population Was Collected from the Shgs of the Area Under the Study. the Data So Collected Has Been Analyzed By the Application of Appropriate Statistical Tools. the Result Reveals That the Provision of Micro Finance Through Shgs Has a Significant Effect on the Members of the Shgs. on the Basis of the Findings, Few Important Suggestions Were Offered For the Benefit of the Self Help Groups.