Jacob Mannanal is a humanist and is at the helm of Mutholi Service Cooperative Bank which announced opening up of an old age home recently. Working for the cooperative sector for the past 48 years he is true cooperator carrying the cooperative movement on his shoulders.
The bank had been in service since 1957 in Kerala as its President Jacob Mannanal is said to be a humanist.Talking to Indian Cooperative he said that the new venture would come into operation next month in Kottayam districts.
He, however, refused to talk further saying that the bank allows only written communications.
The Mutholi Service Cooperative Bank has come forward to meet the challenge being posed by the growing geriatric load on the country’s population. The bank is building modern huts and cottages for the elderly people. The bank has been working on the project for the last ten years.
The living quarters for the old people are being constructed on a 4 acre plot. The project is called “sahakarana vishramabhavanam”.
At the time when India is experiencing economic transformation and the young people in large number are mobilising leaving their homes for the faraway foreign lands , there exists a great need for putting in place facilities that care of the old at home.