Chapter 379 Project Financing
People would not accept gifts from ordinary people, but they dared to accept gifts from Zhou Yong.
The reason is that Zhou Yong devoted himself to the development of Huaixi Village instead of just pursuing personal interests.
Therefore, both Director Zheng and Director Yuan were willing to lend him a helping hand.
Here Zhou Yong signed the construction contracts one by one. After finishing these things, he returned to Huaixi Village and started to worry about money again.
Five projects will be started simultaneously this year, which puts an extremely great pressure on the finances of Huaixi Village Brigade.
The issue of wood and bricks is easy to solve, but the problem is that steel bars and cement require cash transactions.
Zhou Yong called a meeting of village cadres, but everyone talked at once and no one came up with a good idea.
"Village head, why don't we not do the project in the neighboring county? This way, we can have less pressure."
Zhou Yong played with a pen in one hand and said, "Do you know how much money our village can make if the two projects in the neighboring county can be successfully completed? Nearly 400,000 yuan. You told me that I'm not going to do this anymore?"
As soon as he said this, everyone was stunned.
Not to mention earning nearly 400,000 yuan, even if it was just 200,000 yuan, the collective village cadres of Tiehuaixi Village would sell everything they had to complete the project in the neighboring county.
Li Hongjun's face flushed with excitement: "If that's the case, we can raise funds like before, what do you think?"
Zhou Yong frowned slightly, and gently put down the pen in his hand: "This fundraising is different from the construction of the new village. We are using the villagers' money to do business.
So I have a suggestion, we can convert the fund-raising into financing, and then distribute the money earned from the project according to the investment ratio..."
If we continue to follow the old ways, we won’t be able to raise much money. After all, no one is stupid. Although the prosperity of the brigade is a good thing for the villagers, they do not get a penny from the money earned.
On the one hand, it is estimated that every household only contributes about three or five yuan. How much money can more than 700 households raise?
If we follow the method Zhou Yong suggested, there is no doubt that every family will have to spend at least two dollars as a base.
Zhou Yong's proposal was unanimously approved by everyone, and then they began to discuss the details of the financing.
No matter how much money the team made, it was all for the construction of Huaixi Village. Therefore, Zhou Yong gave 60% of the project profits to the villagers who invested.
All members agreed with Zhou Yong's decision, and before the meeting ended, some people were already thinking about how much money they should invest.
After the meeting, Li Ming immediately said, "Village Chief, my family will invest 10,000 yuan. Please ask Accountant Sun to draw up the contract!"
Sun Qing said calmly: "Village Chief, my family invested 10,000 yuan."
Where can such a good thing go?
So everyone is eager to empty their savings to invest in the project.
Zhao Min said quietly: "I invested 15,000 yuan."
When he said this, not many people were too surprised. After all, Zhao Min and Zhou Ling were a dual-income family. They knew how to make a living and had dozens of acres of land. From time to time, Zhou Ling would pick mountain products to supplement the family income.
Li Hongjun said with a smile: "Then I will invest 15,000."
Upon hearing this, Li Ming quickly added: "Village Chief, I will also invest 15,000 yuan."
Zhou Yong looked at them and said, "There's no rush for this matter. Go home and discuss it with your wives..."
Although they can both make the decision, there is a lot of money involved, so the couple should discuss it before making a decision.
No one refuted Zhou Yong's words. He organized his notes, stood up and poured himself a glass of water.
A moment later, the project financing was announced to all villagers through the radio. Anyone who wanted to invest but didn't understand the content could come to the brigade to inquire about the details.
After arranging these things, Zhou Yong looked at the time and left work ten minutes early.
As soon as he got home, Li Caiyun asked him about financing.
Zhou Yong explained the matter in detail, and Li Baotian immediately wanted to invest 5,000 yuan.
Li Caiyun was not to be outdone: "How about we invest 10,000?"
Zhou Yong thought about it and said, "Okay."
Li Caiyun said, "Why don't we sell all the stored herbs? I guess we can get a few thousand dollars..."
Zhou Yong immediately shook his head: "Medicinal herbs cannot be sold."
The couple kept some high-quality medicinal materials, and Zhou Yong planned to sell them in another ten or twenty years.
Because Zhou Yong knows that wild medicinal materials will become increasingly scarce in the future, and only then can they be sold at a good price.
And they can't invest too much money in it, because everyone knows how much income each family can earn in a year.
If their family took out a large sum of money, it would inevitably arouse unnecessary suspicion among the villagers.
After hearing what Zhou Yong said, Li Caiyun immediately gave up the idea of selling medicinal herbs.
"Then invest 10,000!"
Zhou Yong nodded, and Zhang Guifang said, "Dad, we still have a debt of more than 1,000 yuan. Go and get it. We can invest more money later..."
Li Baotian thought for a moment and said, "It's hard to give it to you even if you ask for it."
Zhang Guifang said, "I have borrowed the money for several years. It is time to ask for it back."
Now only the Zhang family owes them money, and no one from the Li family owes them money.
Li Baotian felt that it was not easy to ask for the money back, but Zhang Guifang said, "Relatives are relatives and money is money. We helped them when they were in trouble. How can we not pay them back?"
Besides, our family’s money didn’t come from the wind, it was accumulated pennies by penny…”
The old couple have lived frugally all their lives and this is all they have saved. Now that they are old, they should collect their debts.
Li Baotian nodded gently: "Don't worry about it, I know what to do."
In the afternoon, the Huaixi Village Brigade was crowded with people. Some people came to consult about financing, while others came directly with money to sign contracts.
Li Hongjun was more talented. He originally wanted to invest 15,000 yuan, and then he approached several of his brothers-in-law for further financing and dividends, and the four of them raised 30,000 yuan for him.
When everyone saw that this could be done, their minds became active.
Li Ming raised 5,000 yuan from his wife's family, which was just enough to invest 20,000 yuan.
Li Hongliang naturally also invested a lot, and they all wanted to squeeze all the relatives on their mother-in-law's side dry.
Although Cao Biao, Xing Laoqi and Liu Dazhuang moved out of Huaixi Village, they have done a lot of work for the villagers over the years, so each of them invested 5,000 yuan.
And what about the villagers’ investment?
Most families start with 10,000 yuan. Some families invest 20,000 yuan. There are also families that invest 5,000 yuan, but there are only a dozen or so of them. Families like them either have a small labor force or need to save some money for emergencies.
Zhou Yong didn't know this before the financing. After the financing, he found out that every household in Huaixi Village had become a ten thousand yuan household.
The money was deposited into the account of the Huaixi Village Brigade, and the matter soon alarmed the township and county leaders.
"Zhou Yong, how come there is more than 8 million in your village account?"
When Yang Sen received the notice, he was so shocked that he was stunned for a long time.
"The money for project financing..."
Zhou Yong knew that once the money was deposited in the bank, he would be called in for a talk by his superiors. After all, it involves more than 8 million, which is not a small amount of money.
After hearing what Zhou Yong said, Yang Sen's expression eased somewhat.
"For such a big thing, why not apply in advance?"
Do I need to apply for financing?
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