4 February 2013

Zambia: Furnishing World Credit Facility a Hit

FURNISHING World has expressed satisfaction with consumers' overwhelming response to the interest-free credit facility it has introduced on a wide range of furniture and household goods.

Astro Holdings furniture division general manager, Shiv-Kumar Joshi said the response from members of the public to the facility which allows them to pay a minimum of 20 per cent of the total price and settle the balance in a six monthly installments has been encouraging.

Mr Joshi said the facility was popular among consumers because it had no hidden costs.

"Unlike our competitors who charge 30 to 50 per cent interest on their hire purchase schemes, our facility has no hidden costs in addition to offering free delivery services," he said.

Furnishing World is a subsidiary of Astro Holdings which among other companies, also owns Carpet Centre, Office World, and Optron Furniture.

Mr Joshi said Astro Holdings has partnered with South Africa's Bravo Group, which is supplying quality furniture products such as Gomama, Grafton, and Everest furniture, Alphine Lounge furniture and Sealy beddings which are stocked in its outlets in Lusaka, Ndola and Kitwe.

He said his company

which sells exclusive furniture, office equipment and electrical appliances from Europe, the far East and other parts of the world at competitive prices, has started designing tailor-made services to satisfy its loyal customers, some of whom, have been dealing with the company from the time it was established 25-years ago.

He said the favourable consumer response to the Grand Festival Sale promotion, which was held from November 2012 to January 2013, whose grand prize, the Hyundai I10 worth KR 100,000, was won by Cynthia Chuma-Lungu of Lusaka, was an indication of the customers' confidence and satisfaction from the company's products.

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