എം.എ. യൂസഫലി Clears Kerala Bank Debt for Former Thalippuram Family

എം.എ. യൂസഫലി steps in to clear Kerala Bank debt for Ashwathi family

After weeks of hardship, former state-level athlete Ashwathi and her children were able to re‑enter their sealed home in Thalippuram when എം.എ. യൂസഫലി settled the full loan liability with Kerala Bank. The intervention removed a blockage that had left the family living without basic amenities.

Background of the financial distress

The family had mortgaged a plot of land to obtain a loan of ₹15 lakh from Kerala Bank for constructing a house. Following the husband’s accident and the illness of both parents, repayments stopped and interest accumulated, swelling the debt to roughly ₹35 lakh. The bank subsequently sealed the property, and the family was forced to stay in a makeshift kitchen area.

How the debt was cleared

According to statements from LULU Group’s India Media Head N. B. Swaraj, the chairman, എം.എ. യൂസഫലി, assumed responsibility for the entire outstanding amount. The payment covered both principal and accrued interest, allowing the bank to release the seal on the house.

Impact on Ashwathi’s family

Ashwathi expressed deep gratitude, noting that the family had previously lacked even basic clothing for school and had to reuse worn‑out shoes. She said the relief brought by എം.എ. യൂസഫലി was “beyond words” and that they feel a lifelong debt of gratitude.

Next steps for the household

Kerala Bank officials confirmed that the house keys would be handed over to the family promptly, and arrangements are underway for them to move back in. The family hopes to rebuild their lives now that the financial burden has been lifted.

For further context on how community support can influence financial crises, see our coverage of state‑run assistance programs.

Sources: Asianet News Malayalam, Manorama Online, Manorama News.