NRI businessman Yusuf Ali keeps promise and pays back poor family’s loan amount – The New Indian Express
KOCHI: Amina’s family will sleep peacefully at their home in Kanjiramattom, a suburb of Kochi, free from fear of banking attachment, thanks to the big heart of businessman NRI MA Yusuf Ali.
She had had sleepless nights and had forgotten what it was like to have a normal day because of a bank loan, which the family struggled to repay.
Amina had taken out a loan from Keechery Service Co-Operative Bank for their daughter’s marriage by mortgaging their land and house. The land and the house were under bank seizure due to the default. Her savings were used for her husband’s treatment, and there is no more money to pay the amount recovered.
On Sunday, Amina rushed to Panangad to meet Yusuf Ali, who had come to the village to visit Rajesh and his family, who rescued group chairman Lulu after his helicopter crashed earlier this year. As soon as Yusuf Ali heard about Amina’s plight, he asked his colleagues to deposit the money and repay his loan amount as soon as possible.
Amina never thought her issues would be resolved quickly when she expressed grief over the threat of losing her home to the bank to Yusuf Ali. Amina’s husband, Syed Mohammad, suffers from cancer.
On Monday, Amina and her husband were informed that someone had come to visit them. The two rushed to the place and had no idea of ââthe visitors. They asked visitors who they were and the purpose of their visit.
The visitors were employees of Lulu Group. Although Amina did not understand who they were initially, Lulu employees told them that they had repaid the loan amount of Rs 3,81,160 the couple owed the bank. Amina and her husband were beyond belief when the media coordinator of the Lulu NB Swaraj group delivered the receipt for the loan repayment and interest to Amina. He also handed over a sum of Rs 50,000, including medical costs, to the couple for treatment costs on the instructions of Yusuf Ali.
The loan amount of Rs 2,14,242 and a total of Rs 3,81,160 including interest and penalty interest was deposited by Yusuf Ali in the bank. The bank will return documents relating to the land after changing it to Amina’s name at the earliest, officials said.