Women Empowerment in India is a challenging task as we need to acknowledge the fact that gender based discrimination is a deep rooted social malice practiced in India in many forms for thousands of years. We have to accept the fact that things are not going to change overnight but because of this we cannot stop taking action either. At this juncture the most important step is to initiate ground level actions, however small it might seem. The ground level actions should be focused towards changing the social attitude and practices prevalent in the society which are highly biased against women. This can be initiated by working with the women at the root level and focusing on increasing women’s access and control over resources and increasing their control over decision making. SHGs initiated to focus on women at the grass root level, have transferred the real economic power in the hands of women and has considerably reduced their dependence on men. The SHGs are aimed at developing entrepreneurial qualities and thereby empowering women. Therefore an attempt is made to assess women’s perception about the role of SHG in improving their economic, social and family status and thereby eradicating poverty and saving the people from clutches of greedy money lenders. The primary data were collected from the selected 15 SHGs from Kanyakumari District, covering 245 women participants by following simple random sampling method.