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Saving her home from foreclosure
- Without hesitation, he offered to pay off the entire loan, saving her home from foreclosure.
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Who is Lulu Group chairman A Yusuff Ali?
Did Yusuff Ali save a Kerala family from foreclosure?
How did Yusuff Ali save Sandhya's home from foreclosure?
Who is 'Middle East retail king' Ma Yusuff Ali?
Did Yusuff Ali give Sandhya a fixed deposit?
Why did MA Yusuff Ali return keys to Sandhya's house?
1 day ago · MA Yusuff Ali, chairman of LuLu Group, saved a Kerala family from foreclosure, paying off their Rs 8.25 lakh debt. Sandhya struggled after her husband's 2022 abandonment halted loan repayments. Yusuff Ali's intervention offered immediate relief, highlighting his impactful philanthropy despite LuLu Group's immense $8 billion retail empire.
1 day ago · The loan amount grew to nearly Rs 8 lakh over time due to unpaid interest. Eventually, Manappuram Finance began the foreclosure process, leading to her eviction last Monday. The officials changed the locks on her home and did not allow her to retrieve her belongings or essential items, including medicine.
1 day ago · Lulu Group chairman MA Yusuff Ali has stepped in to help a Kerala woman who was evicted from her house due to an unpaid loan. The UAE-based, Kerala-born billionaire has not only instructed his ...
1 day ago · A woman in Kerala was forced to leave her home after she failed to pay a loan of Rs 8 lakh. She had borrowed Rs 4 lakh from Manappuram Finance, a non-banking financial company based in Kerala, to build her house in 2019. However, in 2021, her husband abandoned her and their two children, which halted the loan repayments.
1 day ago · Lulu Group chairman M A Yusuff Ali has become the ‘guardian angel’ to Kerala woman Sandhya and her children who were evicted from their house in Ernakulam district due to an unpaid loan of Rs 8 lakh. The billionaire directed the Lulu Group to clear Sandhya’s loan and offered her Rs 10 lakh to open a fixed deposit.
1 day ago · Over the next three years, the outstanding loan amount, including interest, grew to nearly ₹ 8 lakh. Manappuram Finance issued several warnings to the family regarding the unpaid loan.
