Micro finance concept is not a new one to the world but still in India there are some parts of country which have been ignored to take the full utilisation of micro finance. Micro finance can play a vital role for the promotion of economic prosperity of poor people. The present paper also highlight on the Socio-economic impact of Self-Help Groups on Beneficiaries in the Sirsa block of Sirsa district of Haryana. Main objective of the study is to asses and ascertain the impact of SHGs on the socio-economic conditions of members of SHGs and whether it has really helped in bringing every member family above poverty line. It is concluded that after having been the beneficiaries of the SHG the socio-economic conditions reformed to a great extant.