The Independent Evaluation Office of IFAD (IOE) has prepared a project performance evaluation (PPE) report on the Tejaswini Rural Women’s Empowerment Programme. The project was implemented in India, in the states of Madhya Pradesh and Maharashtra, between 2007 and 2018. The evaluation found that the project demonstrated a promising model for women’s empowerment. The development of successful self-financing SHG apex organizations provided valued economic and social services to the target populations, while the effective system to manage the performance of SHGs facilitated access to further sources of financial support.