This article considers the working and growth of Self-Help Groups and their impact in empowering women in India. We study the activities of Self-Help Groups and identify the employment and livelihood skills of women in these groups. The study covers the operating system and capital structure of the Self-Help Groups and evaluates their financial positions. Taking into consideration the socioeconomic backgrounds of the members of these groups we identify the reasons women join them. Finally, the article identifies problems related to Self-Help Groups at different levels and analyses and evaluates the challenges they face.