Micro finance programmes for women are promoted not only as a strategy for poverty alleviation but for women empowerment as well. Since the early 1980?s empowerment has become a key objective of development. Empowerment has been considered both an end and as a means of development. This study analyses the economic benefit of Micro Finance Programmes implemented in Hunsur Taluk in particular. Micro Credit through Self Help Groups (SHG) experiment is being viewed today, as one of the powerful tools for alleviating poverty and empowering the rural women.