There is an increasing desire for the development of rural areas in Bangladesh because it has accorded the highest priority in our development strategy. The governments have made strategic plan for the development of rural Bangladesh. For example the objectives of SFYP are improvement and maintenance of rural infrastructure, create direct employment opportunity for the rural poor and the disadvantaged women, create indirect employment opportunity in road transport, trading and other farm and non-farm sectors, improve utilization of health and education services, facilitate participation of community people in development work and promote good local governance. But the thing is, all the strategic goals made by the government have not yet achieved desired level. In recent times, various national and international NGO’s have participated in rural development to compliment the efforts of government. Some of their contributions are small business and small entrepreneurship programme, multipurpose loan programme, economic and social development programmes, women enterprise development programmes, health programmes, education programmes, microfinance programs etc. Like other NGOs, WVB as an international NGO, rendered their services in the area of transforma-tional development, emergency relief, public awareness campaigns and economic development. At present there are 18 CBOs and 1 Federation at Tarash Upozila that is directly connected with WVB’s and has registration with the government cooperative department. Mainly CBO has been developed to improve the management capacity and leadership of the community people, value chain and marketing and also creation of job and economic opportunities. The CBOs have by-laws and own funds. All CBOs are proving loan to their members for generating income and employment. Side by side, there is still some lacking in the development of effective leadership and management in the CBOs.