Microfinance is a financial assistance with an overall idea of fulfilling the financial gap in the Economy by supplying Microfinance and Microcredit to women’s who does not have access to avail the formal financial channel. Microfinance is not only considered as a financial system but as a tool for social change especially for women who in turn increase their participation in Economic activities. Women’s have always participated in their local economies and in many cases; women’s not only produce the food but also market it as well, which gives them a well-developed knowledge of local markets and customers. This paper focus on how Microfinance has received extensive recognition as a “Ray of Hope” for economic empowerment of women and enabling them to become Entrepreneurs. Facilitating women for entrepreneurial activities would lead to improve their living standard; their families’ standard and wound in turn pave way for economic development of country. This development is truly an Inclusive growth in India.