Repaid 89.9 million yuan in 10 years. 90-year-old “Most Honest Grandma”: finally paid off the last sum of money

Chen Jinying, a 90-year-old grandmother from Zhejiang, China, when she returned to her hometown in Jinhua on the 5th, gave a sum of RMB 70,000 to her nephew, and said, “You lent me the money for so many years. Now I have earned it back. “. This is also the last loan repaid by Chen Jinying since the business failed. According to statistics, he successfully repaid RMB 20.77 million (about 89.9 million New Taiwan dollars) within 10 years.

According to the Sohu News report, more than 30 years ago, the retired Chen Jinying started his own business to produce down products for middle-aged and elderly people. At that time, he caught the trend, and his annual turnover reached tens of millions of yuan. At that time, he was very enthusiastic about public welfare. But in 2005, he spent 16 million yuan to build a new factory. As a result, the company’s cash flow was not working well, leaving Chen Jinying on the verge of bankruptcy. Someone originally persuaded him to apply for bankruptcy and avoid debts, but Chen Jinying resolutely refused, saying that he must pay off all the debts.

At that time, it was estimated that Chen Jinying was facing debt problems as high as RMB 20.77 million. He first used 9 million yuan to transfer the newly built factory building and sold two houses under his name. After that, RMB 1.3 million was left in debt. Then he decided to continue. Sell ​​down jackets to pay off debts. At that time, he was over eighty years old and began to sell stalls on the streets and parks for the elderly. Although the cold weather often made Chen Jinying complain, Chen Jinying also said that he can continue to pay his debts only if he takes good care of himself. And Chen Jinying’s attitude also made the relevant units selected as the “Top Ten Trustworthy People in the Country.” After that, many merchants reached out to help Chen Jinying sell down jackets on the Internet.

In 2018, after Chen Jinying paid the bank debt, he posted a thank-you letter at the door of the store. Regardless of whether he was still in debt, he sent a down jacket worth 20,000 yuan to a nursing home to do charity within a few days. And he also paid off the debts between relatives and friends on February 5 this year. The last sum was the 70,000 yuan he borrowed from his nephew. Debt-free and light-hearted, he also said, “This year’s New Year is really happy!”