Abstract: The peasant associations in Taiwan are the most important organization in Taiwan’s rural society, which can promote the rural economic development of Taiwan. Taiwan’s peasant associations have been established for a century. In the past 100 years, the organization of peasant associations has been constantly changing, as well as the business models. And the business models are worth to be explored seriously and learnt from the experience. By taking the Meinong peasant association in Kaohsiung as an example, the business models of Taiwan’s peasant associations were analyzed by using the business model of Osterwalder.