The study attempts to assess the “Amar Bari Amar Khamar (ABAK)” project's criteria strategically. The ABAK project targets poverty in Bangladesh, and strategies are the economic development of the rural areas and develop social and women empowering conditions. The assessment would be a fruitful way to indicate the underlying factors and the magnitude of the project's succession in livelihood outcomes. The impact and change in the post-project period had been signified through the factors of the livelihood framework. A field survey was done through a questionnaire to collect the research data. Both quantitative and qualitative methods were done; the pear sample t-test was used to identity the change, and the multiple regress ion model and indices were used to measure poverty. Income sectors were found changed from agricultural to non-agricultural based. Despite all positive changes to the capital assets, the project had limited success in poverty reduction. Savings and women empowerment were prominent in the post-project period. A user- friendly loaning policy will help to gain the ultimate success in poverty reduction in the vulnerability context.