This study evaluates the short-term (1.5 year) impacts of a multifaceted livestock transfer and training program in rural Nepal using a randomized control trial (RCT). The program seeks to reduce poverty through group formation, livestock transfers (two doe goats), technical trainings, and values-based training. Values-based training encourages beneficiaries to “pay it forward” (PIF) by providing technical training and the first-born female offspring of their received goats to another individual in their community. We ask three questions: (i) what are the short-term impacts of the program? (ii) Are all program components necessary to achieve impact? (iii) Is the PIF mechanism effective at spreading impacts?