Polyvinyl guanidineacetic (PVG) was prepared by the chemical grafting between poly(vinyl alcohol) (PVA) and guanidineacetic acid. The results showed that the guanidineacetic groups were successfully introduced into the polyvinyl alcohol by fourier transform infrared (FTIR) and thermogravimetry (TG). The effects of the amount of catalyst and reaction time on the PVG grafting rate were investigated. The PVG/NWF composite membrane as a heterogeneous catalyst for biodiesel production was successfully prepared by the solvent phase inversion. The effects of mass ratio of methanol/soybean oil and reaction temperature on the conversions using the composite membrane for transesterification were studied. And the reusability of the composite membrane and the kinetics of the reaction catalyzed by the composite membrane were also investigated. The conversions obtained from the model are in good agreement with the experimental data.