Bosun Tijani recently tweeted from his Twitter handle (@Bosuntijani) that he had secured a £30,000 interest loan for Truppr from Indigo Trust.
Truppr is a social tool that helps sport lovers organize and find team mates for their favorite sports in cities around the world. With Truppr, you can look for a sporting event in your city or even start an event and get people to join you for the event. You can also share events with friends on the social network too.
30k£ (about 9m Naira) interest free loan to @truppr from @indigotrust – payable only when we make money is an interesting twist to funding!
— 'Bosun Tijani (@bosuntijani) May 2, 2015
It shouldn’t be all abt big $$$ machines. Investment in local tech groups & experimentation is key to growing tech in #Africa @indigotrust
— 'Bosun Tijani (@bosuntijani) May 2, 2015
According to Bosun, the Founder and CEO, the loan will help strengthen the Truppr team to take advantage of more partner programmes and grow its community in more cities across Nigeria (beyond the current 11).
Related Story: Introducing Truppr – where Fitness meets Social Networking
This soft loan seems to a different from what Indigo Trust is used to but I guess they like the social spin of Truppr and believe in its potential impact.
Truppr is currently raising $300,000 to strengthen the team further and grow community beyond Nigeria. It currently has 7 employees.