On December 20, within the scope of the thematic investigation by the Committee titled "Access to Finance in the Field of Agriculture (in terms of private financial institutions)," the third verbal hearing was conducted, featuring participation from representatives of various industry associations.
Farmer Beka Gonashvili spoke about the need to restrict agro-credits.
According to him, knowledge in the sector is a challenge, due to which many people have gone bankrupt. No one can compensate the farmer for the loss.
"Agriculture is not a field that one day you learn, and the next day you can start working in this field. It takes time and experience. At first it will be necessary to break the nose, but if you break it a second time, it is already irreparable.
In 2012, agrocredit amounted to USD 50 million, and now this amount is more than USD 2 billion. The state has created the potential, but it needs to be restricted so that the farmer can think and then make a decision.
In my opinion, the state and the bank, as well as farmers are wrong in the process of issuing agro-loans. However, the farmer suffers the most. The trouble is that during this period he does not even acquire knowledge, therefore knowledge must come first and then financing," Gonashvili says.