LOLC, Browns offer:

Bonanza for LOMC, LOFC customers

The LOLC Group together with Brown and Company PLC will be offering customers of LOLC Micro Credit Ltd (LOMC) and Lanka ORIX Finance PLC (LOFC), a unique 0% interest scheme to purchase an array of Browns branded consumer durables during the upcoming festive season.

Rohini Nanayakkara, Chairperson, LOLC Group, Kapila Jayawardena, GMD/ CEO, LOLC Group, Kalsha Amarasinghe, Executive Director, LOLC Group and Murali Prakash, GMD/CEO of Brown and Company PLC together with customers who were awarded with the new facility.

This scheme provides customers a purchase-choice of over 50 items of household, electronic, auto and agri equipment, which are of reputed, global brands, from Browns showrooms and authorized agents located island wide. These items can be purchased at a 0% interest rate, which are payable in monthly installments from 6 to 15 months, without the hassle of incurring an initial payment or requiring any guarantors.

This offer is exclusively available for existing Leasing and Fixed Deposit customers of both LOMC and LOFC, where they are given the opportunity to purchase any item.

With a monthly payback installment being as low as Rs. 1,000.00, this attractive opportunity offers customers greater benefits in return for their partnership with the LOLC Group.

Commenting, Kapila Jayawardena, Group Managing Director/CEO of LOLC Group said, "This is a momentous occasion for us. We entered into this novel partnership with the Browns Group to offer LOMC and LOFC customers greater benefits, by offering them the unique opportunity to purchase consumer durables of their choice, simply for being customers of our Group.

Browns' branded products are known and respected the world over and our customers are now given the privilege of owning these branded items at a hassle free, interest free and guarantor free, pay back scheme."

Murali Prakash, Group Managing Director/CEO of Brown and Company PLC said, "The Browns Group has over a 132 year history offering a range of consumer durables to Sri Lankans in all corners of the country.

Drawing on the synergies of the LOLC Group, we entered into this partnership to offer LOLC Group customers the unique opportunity of owning a range of products from brands such as BG, Olympus, Vivitek, Sharp, Oce, Exide, Mitashi and Belkin."

To signify this occasion, an official signing ceremony was held at the LOLC auditorium where customers, Directors and Senior Management of both the Companies were present.