Paying off debts until 90 years old, the honest grandmother can have a good year this year

A 90-year-old grandmother in Lishui, Zhejiang Province, Chen Jinying, returned Home to Jinhua on February 5 with 70,000 RMB to hand to her nephew, Chen Qide. The grandmother said, “You lent me money for so many years, and now I’ve earned it back and returned it to you. Known as the “most honest grandmother” said: “Finally paid back the last money borrowed for 10 years.

▲ Zhejiang 90-year-old honest grandmother. (Photo/Turned from WeChat)

Chen Jinying started her own business after retiring more than 30 years ago, renting a room, buying machines, and finding workers to produce down products for the middle-aged and elderly. At the best of her business, her annual sales exceeded 10 million RMB. At the peak of her business she was passionate about charity and donated not only charity but also down products to help disadvantaged groups.

In 2005, she invested more than 16 million in a new factory, but in September 2011, the company’s liquidity failed, and someone proposed to her that she file for bankruptcy to avoid taking on the debt. The company has a lot of money to spend.

The company’s business has been in trouble since September 2011. (Photo/revised from WeChat)

The company’s new plant was transferred for $9 million, and then sold two houses in the city. The company also owes 1.3 million, the grandmother decided to continue to sell down jacket to pay off the debt, but the sales are not as good as before, in order to pay workers’ salaries, the grandmother began to night market, the elderly park stall selling, the rest to nephew open borrowing money.

A reporter asked the grandmother are very old, still owe people money, will not be worried? The grandmother said it is useless to worry, only to take good care of their own health, there is a way to earn money to pay back the money.

The grandmother’s story was reported in the media and was named one of the “Top Ten Trustworthy People”. Many stores were moved by the grandmother to lend a helping hand and help her sell on the Internet.

In 2018, the grandmother first paid off her bank loan and posted a thank you note at the entrance of her store. This year the grandmother is 90 years old, and in these 10 years she has paid back a total of 20.77 million RMB in arrears.

On February 5, she returned home to Jinhua with 70,000 RMB and handed it to her nephew, Chen Qide. The grandmother said happily like a child, “I am so happy to spend the New Year this year!