This paper evaluates poverty transition using self-assessment dimension in a quasi experiment framework. Data are drawn from a survey of 400 women farmers in 2006. These farmers have been the members of BRAC, a well known NGO in Bangladesh and they were the beneficiaries of a poultry enterprise based poverty alleviation program involving longer term intervention towards building the strength of stakeholders such as government department, NGOs, village organisations and women beneficiaries. During the survey in 2006, about 50% of these farmers were still the survivors in the program. Poverty profiles, transition matrices and regression analysis drawn from asset-base framework are used to analyze data. A number of key questions related to poverty transition through poultry based activities, heterogeneity in livelihood choice and its impact on household welfare, extent of poverty reduction etc. are answered for implications and policy recommendations.