This project involves the expansion of pulse production systems in five woredas (Lay Gayint, Arsi Negele, Ziway Dugda, Shala, and Adami Tulu) across Amhara and Oromia regions, Ethiopia. The project aims to address chronic food insecurity and low agricultural productivity among Productive Safety Net Program (PSNP) beneficiaries, and is expected to generate economic and social benefits by increasing household incomes, and graduating 50,000 households from safety net support through improved white pea bean cultivation. The intervention focuses on providing targeted households with access to improved seeds and fertilizers through a loan guarantee facility, while promoting gender-inclusive implementation. The analysis confirms strong alignment with Feed the Future's broader agricultural development strategy and demonstrates the project's potential to create sustainable pathways out of poverty through viable pulse value chain development. As part of USAID/Ethiopia's US$2 million Graduation with Resilience to Achieve Sustainable Development (GRAD) project, a comprehensive cost-benefit analysis was conducted in line with international good practices, assessing the project's financial viability, economic efficiency, and distributional impacts. The analysis included detailed market assessments for white pea beans, production cost estimates, loan repayment scenarios through microfinance institutions, and risk-adjusted sensitivity analyses to ensure robust decision-making support for USAID/Ethiopia and implementing partners (CARE, REST, ORDA, CRS, SNV, and Tufts University).