This is an ethnographic study of a group of rural women from south-central Nepal brought together by a development intervention. It details how these women used their collective identity forged through an income-generating project to address issues such as women's property rights, domestic violence, gambling and alcoholism, and even political representation. In examining the intended as well as unintended consequences of an externally initiated 'women's development project', Shah assesses the structural limitations of a development enterprise while also focusing on what he terms the creative agency of the project beneficiaries. This agency becomes apparent in a number of ways, including the construction and projection of memory into the domain of social significance, or 'memoreality'; the ready adoption of transnational flows of discourses, resources, and legitimacies; and the use of the tools of development to politicise other arenas of socio-political life. A Project of Memoreality will serve as an important contribution to understanding the dynamics of women's activism in Nepal as well as the complexities of the development industry.