State co-financing programs have played a major role in the growth of Georgia’s agricultural sector, helping demonstrate that agribusiness can be profitable and less financially demanding, Mkisa Financial Director Aleko Tsertsvadze said on Business Morning.
He noted that Mkisa benefited from loan co-financing both when establishing its orchard and during its subsequent maintenance. The support helped the company develop a more sustainable business model and reduced the financial burden, particularly during the difficult start-up phase.
Tsertsvadze also highlighted commercial banks’ role in promoting state programs and turning them into accessible financial products. Beyond lending, banks often provided agricultural businesses with advice and consultancy, helping entrepreneurs understand and use available support.
