Lulu Group chairman M A Yusuff Ali has turn into the ‘guardian angel’ to Kerala lady Sandhya and her kids who have been evicted from their home in Ernakulam district on account of an unpaid mortgage of Rs 8 lakh. The billionaire directed the Lulu Group to clear Sandhya’s mortgage and supplied her Rs 10 lakh to open a set deposit.
In line with Samayam Malayalam, Sandhya and her husband took a mortgage of Rs 4 lakh from Manappuram Finance, a Kerala-based Non-Banking Monetary Firm (NBFC), in 2019 to construct a house in North Paravur. Nonetheless, the reimbursement stopped when her husband deserted the household in 2021, and the mortgage quantity surged to just about Rs 8 lakh with curiosity.
Sandhya, who works in a store with a month-to-month revenue of round Rs 9,000, was not able to clear the mortgage for 2 years.
Someday, whereas she returned dwelling after work, the personal monetary establishment had changed her locks and forbid her from coming into the home. She and her kids have been allegedly prevented from taking their belongings.
The information of Sandhya’s plight caught the eye of Yusuff Ali, who directed his group to repay the mortgage and Sandhya obtained again the keys to her home.
