The Self-help groups (SHGs) were formed to increase the financial inclusion of women and provide them with financial and technical support to find them good economic opportunities for their livelihood. Such a novel initiative garnered benefits for millions of women across rural and semi-urban regions and helped them to be economically empowered. In this paper, the role of Jeevika is analysed in the economic empowerment of women by taking the case study of the Madhubani district of Bihar. The study is based on primary data where the data is collected through a survey method through a closed-ended questionnaire. The sample size of the study is taken as 251 households. A logistic regression model is used to test the association between women’s economic empowerment and their engagement with SHGs/Jeevika. The result shows that there is a significant positive association between women’s economic empowerment and their engagement with Jeevika. A lower income, higher education, and family support in household work are also significantly associated with women’s economic empowerment.