I am not aware of an easy way to run the python wrapper of libsvm on Android (other than embed python in a C library but that is an overkill). However, I think it would be easier if you access libsvm directly from the C implementation.
Here is a question that address how to compile native code on Android:
How do I compile simple native code using Android.mk?
Another way to make it work is to use the Java implementation which is available from the original distribution:
http://www.csie.ntu.edu.tw/~cjlin/libsvm/#java
Also there is an alternative Java implementation which seems to be faster than the official java distribution http://dev.davidsoergel.com/trac/jlibsvm/
Hope it helps.