This incident is very sad because it took her 10 years to pay off the huge debt by setting up a street vendor, and she was already 90 years old at the time. On February 5, 2021, she personally returned the last debt of 70,000 yuan to her nephew, which means that the old man did not give priority to repayment because the other party was her relative. When the money was finally returned to his nephew, the IOU was torn up on the spot. The old man said that he could finally breathe a sigh of relief. He could have a good New Year this year, and he was indeed very happy during the New Year this year.
This matter can be traced back to 2005. At that time, the old lady invested 16 million yuan and wanted to expand her business. But to her surprise, by 2011 In September of that year, due to poor market conditions, the rent in her factory was temporarily unable to be replenished. This capital chain was broken, leaving her in a debt crisis. One of them owes 20.77 million yuan, which is an astronomical figure. Under the circumstances at that time, because she could not repay it at all, many people began to persuade her to file for bankruptcy, because only by filing for bankruptcy could she land safely and avoid taking on such a huge debt. However, she did not choose to file for bankruptcy at the time. This way, because she said that others are willing to lend her money because they believe in her, so I must pay back the money I owe others.
Everyone felt very sad when they heard what she said, and they were willing to learn from her, because many capitalists leave the problem to the people below whenever something goes wrong, and finally run away on their own. We see this very often, but she didn't do this. She chose to take responsibility, and her spirit is indeed admirable. Because instead of filing for bankruptcy and running away, we chose to take responsibility. This is a choice that only the strong can make.
After that, in order to pay off the donation, she sold one or two of her houses, and even the factory. She gave up everything she had All the fixed assets that can be sold are sold, but even so, your 20.77 million yuan is still very far away, and she was already 80 years old at the time. But she didn't give up yet. She chose to make down jackets to pay off the debt. In the end, after 10 years of hard work, she finally paid off the debt. Then netizens praised her and called her: "Grandma of Honesty". This matter also became a hot search topic. She His deeds are also worth learning and remembering.