This study aims to find out the effect of the KAKAYAHAN microenterprise development program on the lives of its women beneficiaries. It intends to do this by examining the situation of the urban poor women beneficiaries from two of the Program’s conduit-organizations – the Kapisanang Pangkaunlaran ng Kababaihang Potrero (KPKP), a women’s NGO based in Malabon and, Tagumpay sa Pag-unlad, Inc. (TPI), a community organization based in Quezon City. These groups are among the very first recipients of loans under the KAKAYAHAN Program.