ALUMNI: COBUS TRUTER (2023)
VENTURE: INDLU LIVING
Indlu Living
Pretoria, South Africa
Indlu Living works with township landowners to help them create sustainable residential rental businesses. They provide access to capital, management and support services, and a technology ecosystem to facilitate the rental process. Landowners can apply for loans to become micro property developers, which are repaid through increased rental income. Using the Indlu Living app, homeowners can register their rental rooms and apartments, build their credit score, and receive payments directly through the app or nearby retail stores. This initiative aims to address Africa’s informal rental market and housing backlog through a sustainable, for-profit business model.
Cobus Truter
2023 FELLOW
CO-FOUNDER & CEO | INDLU LIVING
Cobus Truter, a University of Pretoria graduate in industrial engineering, co-founded the EmpiriQ Group in 2008. The firm specialises in creating innovative market-driven economic development solutions for the emerging urban African market. Cobus identifies and explores social entrepreneurship opportunities which have resulted in successful business ventures in the housing, ICT, finance, and retail sectors. He is the CEO of Indlu Living, responsible for business development, deal structuring, and fundraising. Cobus is known for his dedication to social entrepreneurship and visionary leadership in economic development. He has co-founded Melana Developments, Soko District, Nika Cards, Imbha Developments and IndluLiving.