The impact of micro finance initiatives on poor (often illiterate) women is discussed in this paper. The way women begin to understand market forces and negotiate the best terms for themselves is examined. This seems to link to increasing confidence, a stronger voice and finally negotiating a space for themselves. It is observed that if planned empowerment inputs of any type are also provided, the gains are exponential and go much deeper. This paper draws examples from three initiatives: 1. A micro finance scheme for women introduced in one district of the state of Rajasthan, India; 2. An initiative that was introduced as a subsidiary activity for an agricultural intensification scheme supported by IFAD in four districts of Bangladesh; 3. The profile of one woman in the state of Chhattisgarh, India who has worked with the State Administration to change her own life and that of many other women.