-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FgvFYTUTQyBen/vw3/dWw92ugxfTL6EF0386lmecqSWL3Y8tlJsrsCpBthY/rkA9
 p54ieQ5mSNAe+j9rMeV4AA==

<SEC-DOCUMENT>0001245803-08-000033.txt : 20080509
<SEC-HEADER>0001245803-08-000033.hdr.sgml : 20080509
<ACCEPTANCE-DATETIME>20080509135545
ACCESSION NUMBER:		0001245803-08-000033
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080429
FILED AS OF DATE:		20080509
DATE AS OF CHANGE:		20080509

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOUTHWEST GEORGIA FINANCIAL CORP
		CENTRAL INDEX KEY:			0000315849
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				581392259
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		201 FIRST ST SE
		STREET 2:		P O BOX 849
		CITY:			MOULTRIE
		STATE:			GA
		ZIP:			31768
		BUSINESS PHONE:		2299851120

	MAIL ADDRESS:	
		STREET 1:		201 FIRST STREET
		CITY:			MOULTRIE
		STATE:			GA
		ZIP:			31768

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Luff Geraldine F
		CENTRAL INDEX KEY:			0001245803

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12053
		FILM NUMBER:		08817526

	BUSINESS ADDRESS:	
		STREET 1:		124 TALLOKAS CR
		CITY:			MOULTRIE
		STATE:			GA
		ZIP:			31768
		BUSINESS PHONE:		2298733885

	MAIL ADDRESS:	
		STREET 1:		124 TALLOKAS CIRCLE
		CITY:			MOULTRIE
		STATE:			GA
		ZIP:			31788

	FORMER NAME:	
		FORMER CONFORMED NAME:	FERRONE GERALDINE
		DATE OF NAME CHANGE:	20030623
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-04-29</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000315849</issuerCik>
        <issuerName>SOUTHWEST GEORGIA FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>sgb</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001245803</rptOwnerCik>
            <rptOwnerName>Luff Geraldine F</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>124 TALLOKAS CIRCLE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MOULTRIE</rptOwnerCity>
            <rptOwnerState>GA</rptOwnerState>
            <rptOwnerZipCode>31788</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr Vice President</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Southwest Georgia Financial Corp</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11283</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Southwest Georgia Financial Corp</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19356</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>ESOP Shares</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Southwest Georgia Financial Corp</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>19.31</value>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>1998-04-28</value>
            </exerciseDate>
            <expirationDate>
                <value>2008-04-29</value>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>common stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1980</value>
                    <footnoteId id="F1"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Stock Options expiration 4/29/2008</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Geraldine Luff</signatureName>
        <signatureDate>2008-05-09</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----