Functional nanomaterial is expected to have improved capacities on various fields. Especially, metal nanoparticles dispersed in polymer matrix and metal nanofiber, one of the functional nanomaterials, are able to achieve improvement of property in the electric and other related fields. In this study, the fabrication of metal (Ag) nanoparticle dispersed nanofibers were attempted. The Ag nanoparticle dispersed polymer nanofiber and Ag nanofiber were fabricated by electrospinning method using electric force. First, PVP/$AgNO_3$ nanofibers were synthesized by electrospinning in $18{sim}22kV$ voltage with the starting materials (Ag-nitrate) added polymer (PVP; poly (vinylpyrrolidone)). Then Ag nanoparticle dispersed polymer nanofibers were fabricated to reduce hydrogen reduction at $150^{circ}C$ for 3hr. And Ag nanofibers were synthesized by the decomposited of PVP at $300{sim}500^{circ}C$ for 3hr. The nanofibers were analyzed by XRD, TGA, FE-SEM and TEM. The experimental results showed that the Ag nanofibers could be applied in many fields as an advanced material.