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The Lei Company Cooperative, Inc

California 94605
#WomanFounder #SocialEnterprise #Retail #Cooperative

The Lei Company Cooperative Inc is Pasifika - Melanesian, Micronesian and Polynesian women's worker owned lei making cooperative. We produce and sell sacred, celebratory and bereavement lei.
The Lei Company’s mission is to provide a year-round and environmentally conscious avenue to purchase leis. We steward and evolve the craft of lei making, cultivate and support lei makers, and provide business ownership opportunities, training and employment to the Pasifika – Melanesian, Micronesian and Polynesian community. We are locally rooted yet have a continuously growing global reach with fair trade partnerships with artisans in Fiji and the Federated States of Micronesia.

The minimum investment is $250.

$2,000 funds committed
of $1,070,000 maximum target
$25K minimum
76
Days Left
5
Investments

Offering

Equity

Form C

Mission

"Leis are a fragile art form, and giving lei represents love, affection, respect and honor. Leis exemplify arms entwined about another person's neck - mother and child, lover and beloved, friend and friend. And the memory lasts forever." ~Smithsonian Institute Master Lei Maker, Marie A. McDonald

"We must create things for ourselves, to create established standards of excellence that match those of our ancestors." ~Dr. Epeli Hau'ofa

Each exquisite locally handcrafted lei directly empowers our artisans, their families and our local economy.
Our theory of change is simple:
~Reclaim the sacred. Inspire, educate and empower community members to become entrepreneurs though the art of lei making.
~Spread our values of GIVING and RECIPROCITY through the sale of our exquisite leis around the world.
~Break the cycle of poverty, continue a legacy of community wealth building and together weave a brighter future.

The Lei Company is breaking the cycle of poverty through entrepreneurship and sustainable job creation.

In 2013, the National Coalition for Asian Pacific Community Development reported that in the wake of the recession, from 2007-2011, Pacific Islander poverty in the United States increased 60%, 2.4 times greater than the national increase of 27%.

Residing in the San Francisco Bay Area with its skyrocketing cost of living and widespread displacement, our artisans are feeling the crunch and are finding it harder to climb out of poverty even though the national economy is improving.

Through the Lei Company's entrepreneurial and community wealth building education, we are now empowered to reclaim the sacredness of our lei making heritage and earn a healthy income through dignified work.

This is our foundation for a brighter future, woven with a hand up, not a hand out.

Investment Perks

  1. $1,000

    Mokopuna (Grandchildren) Level

    10% Discount on Lei for 1 year

  2. $5,000

    Che'lu (Sibling) Level

    All of the above + Free Lei

  3. $10,000

    Fale (House) Level

    All of the above + Family pack of 4 Lei

  4. $25,000

    Vaka (Canoe) Level

    All of the above + Investor's party with Pacific Island food and entertainment

  5. $100,000

    Maga'haga (Chieftess) Level

    All of the above +seat on advisory board

All campaigns are minimum or nothing; The Lei Company Cooperative, Inc will only receive funding if the minimum goal is reached.

Key Facts & Financials

  • 1st Pasifika - Melanesian, Micronesian and Polynesian Women's Worker Owned Cooperative in the continental United States
  • 1st Company to Sell Money Lei on the Amazon.com platform. Thus making us the first company to sell money on the platform.
  • 1st Official Lei Vendor for the Oakland Unified School District
  • 1st Pasifika Business to be honored by Oakland Mayor Libby Schaaf and awarded the 2018 Small Business Award
  • Raised $75000 in PreSeed Investment in Equity & Debt
  • Great Sales Traction - Sold 189 Units and brought in $17,000 YTD in Revenue. Sold lei in 12 US states and 1 nonperishable lei was shipped to Holland.
  • Business operations generated 9 jobs both employee and contract workers. Fair Trade Partnerships with artisans in Fiji and the Federated States of Micronesia
  • Founder developed and piloted the Pasifika Center Community Wealth Building Program's Business & Entrepreneurship Training Program
  • Founder previously successfully crowdfunded a $8000 preseed Kiva US Loan
  • Member of the Healthy Havenscourt Collaborative East Oakland Business Working Group
  • What our investors are saying about us: "I invested in The Lei Company because I have seen how leis sell themselves and I believe this cooperative has the leadership and competitive advantage to organize and fully corner the market for leis. They are a trailblazing company who I believe will not only make a profit but will return the economic benefit of leis to the people whose culture it comes from." ~Wanda Fay Rayford, Pre-seed Investor

The Lei Company Cooperative, Inc Story

The Lei Company’s mission is to provide a year-round and environmentally conscious avenue to purchase leis for sacred, celebratory and bereavement occasions. We steward and evolve the craft of lei making, cultivate and support lei makers, and provide business ownership opportunities, training and employment to the Pasifika – Melanesian, Micronesian and Polynesian community. We are locally rooted yet have a continuously growing global reach with fair trade partnerships with artisans in Fiji and the Federated States of Micronesia. Our theory of change is simple: Reclaim the Sacredness of lei -- Spread our values of giving, reciprocity and environmental regeneration through lei -- Alleviate cyclical poverty through the sale of lei.

The Founders

Tiffany Rose Naputi Lacsado

Founder & CEO

Tiffany Rose Naputi Lacsado is a daughter of Guam and started making lei in middle school. She is pursuing an Integral MBA in Creative and Regenerative Enterprise from Meridian University and holds a Bachelor’s degree in Social Change & Activism with an emphasis on Social Entrepreneurship from New College of California. She resides in Oakland, California and is a mom of 3 children six and under. She has founded technology and agricultural micro-lending social enterprises internationally in Calapan City and Mansalay, Oriental Mindoro, Philippines. Her holding company the Tiffany Lacsado Companies also includes 2 other startups -The Rancho Las Lacsado Retreat Center in Yucca Arizona and The Kula Exchange, a company that aims to cultivate the business education methodologies, technological, and logistical solutions for artisans from island nations to increase their GDP by participating in the diaspora and global export art market.

The Team

Fipe Kaufusi

Founding Cooperative Member

Daughter of Tonga and Samoa. Mom of 5. Founding Cooperative Member. A new minted lei maker who cares about continuing the indigenous art of lei. Fipe received her Associate of Science in Medical Assisting is 2010 and an Associates of Arts degree in 2011 from Heald College. Fipe is planning on using her experience as a cooperative business owner to open a Pasifika community health center. Fipe is a lifelong learner and is passionate about learning and contributing to her Pasifika and Oakland/Bay Area communities.

Leilua Malieitulua

Founding Lei Maker

​​Daughter of Samoa, first time mom and founding lei maker, Leilua started making leis when she was in high school. She usually made leis for loved ones on special occasions to show her love, appreciation and support. She is a student in the Critical Pacific Islands studies program at City College of San Francisco. She is passionate about keeping culture alive for future generations to understand Polynesian peoples and culture and to also understand how far they've come as a people. She believes Polynesian culture is such a rich culture that she enjoys sharing with the world and is proud to be a part of endeavors that allow her to do so.

Sala Malieitulua

Founding Lei Maker

Sala Malieitulua
Daugter of Samoa. Aunt of 10 and founding lei maker. Sala has been making lei since she started her career in Polynesian dance at the age of 8. Sala serves as The Lei Company's production manager and leads the charge of developing new products and designs for our upcoming launch into the funeral and wedding floral industries. She is a student in the Critical Pacific Islander Studies at City College of San Francisco and is also the lead choreographer and instructor at Le Ala Polynesian Dance Company. Sala is passionate about her family and helping out Pacific Islander high school and college clubs across the Bay Area with her choreography.

Lenna Malieitulua

Founding Lei Maker

Daughter of Samoa, grandmother of 10 and founding lei maker. Auntie Lenna (as we call her) has been making lei her whole life. Auntie Lenna serves as a kulture keeper and advisor to the cooperative. Auntie Lenna is a newly minted student in the Critical Pacific Islander Studies at City College of San Francisco and is also the owner and artistic director of the Award Winning Le Ala Polynesian Dance Company. Auntie Lenna is passionate about creating opportunities for Pasifika families to flourish and is committed to training low-income Pasifika youth in Polynesian dance and ensuring them the opportunity to compete in Polynesian dance competitions where they are often the minority.

Raymond Macapagal

Founding Lei Maker

Son of the Kingdom of Hawai'i and a newly minted lei maker. Ray is passionate about composing original Hawai'ian music and advocating for the rights of the visually impaired.

Kristin Clayton

Director, Marketing

Kristin has over 20 years of experience in strategic marketing management, analysis, and brand development. Having held senior level positions in marketing, and operations with a focus in building digital and social media engagement for Citizens Bank and Blue Cross Blue Shield, she is currently the Marketing Manager for Brookline Bank in Boston, MA.
Kristin has a BS from Lesley College in Cambridge, MA and lives with her family in Boston, MA. and enjoys reading a good book on the beach in her downtime.

Manumalo Ala'ilima

Advisor, Culture Keeper

Manumalo “Malo” Ala’ilima came to Portland, Oregon three years ago from the San Francisco Bay area and is a Samoan American butch lesbian or “fa’afatama”/“fa’atama”/”fa’atamaloa”, Samoan for “in the manner of a male” and uses all pronouns. Malo is a new board member for the Q Center, which provides a safe space to support and celebrate LGBTQ diversity, equity, visibility and community building. Malo has been involved with APANO (Asian Pacific American Network of Oregon) for nearly two years and is currently serving on their Board Nominating and Development Committee. Malo also is a member of the Pacific Islander Coalition, which is a culturally specific advisory board for the Multnomah County Health Department. Malo recently founded and is the chair for U.T.O.P.I.A. PDX (United Territories of Pacific Islanders Alliance Portland), which provides sacred spaces for QTPIs – Queer and Transgender Pacific Islanders – through community organizing, political engagement and cultural stewardship. She is also a board member for U.T.O.P.I.A. Seattle. Malo was educated at the University of Southern California in Los Angeles, California and majored in Political Science and Public Policy and Management and has worked for the American Red Cross for over a decade and has worked in various departments and geographically regions. Malo currently works for their West Division Quality Assurance team in Portland. When Malo’s not busy trying to save the world, she enjoys spending time with her girlfriend, visiting family, singing karaoke, and being a foodie around town.

Dr. Raquel Pinderhughes, PhD

Advisor, Ecology & Cooperative Development

Raquel Pinderhughes, Ph.D. is Professor of Urban Studies and Planning at San Francisco State University and the Founder and Executive Director of Roots of Success. An internationally recognized expert on green jobs, green jobs training and environmental literacy, Raquel has decades of experience working with incarcerated, low-literacy and first-time college populations. Her Green Job Training Model was used to form the Oakland Green Job Corps and inform the Obama Administration’s Pathways out of Poverty Initiative funded with ARRA funds.

Corey S. Dishmon, JD

Director, Legal & Human Resources

Corey ‘S’ Dishmon is Head of Legal and Business Development for Molecular Diagnostics at Siemens Healthineers. Prior to Siemens, Corey worked in-house at Lawrence Livermore National Laboratory as Assistant General Counsel, and at Monogram Biosciences/LabCorp as Senior Attorney, where she headed Legal and HR. She has also held firm positions as Transactional Associate Attorney and Mergers & Acquisitions Associate. Corey received her Juris Doctorate from UC Berkeley, School of Law. Her hobbies include running, cycling and urban farming.

Jenny Kassan, JD

Advisor, Investment Strategy

Jenny has over two decades of experience as an attorney and advisor for mission-driven enterprises. She has helped her clients raise millions of dollars from values-aligned investors and raised over $1 million for her own businesses. Jenny is certified as a coach by the International Association of Women in Coaching.

She is the author of Raise Capital on Your Own Terms: How to Fund Your Business without Selling Your Soul (Berrett-Koehler, October 2017).

Jenny earned her J.D. from Yale Law School and a masters degree in City and Regional Planning from the University of California at Berkeley.

She served on the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies. She submitted the petition to the SEC that led to the passage of the 2012 JOBS Act and was present at the White House signing ceremony.

Jenny is also a fellow at Democracy Collaborative and the co-founder of the Force for Good Fund.

Before becoming a securities lawyer, Jenny worked for eleven years at a nonprofit community development corporation in Oakland, where she served as staff attorney and managed community economic development projects including the formation and management of several social ventures designed to employ and create business ownership opportunities for low-income community residents.

Jenny is the President of Community Ventures, a nonprofit organization dedicated to promoting the economic and social development of communities. She also co-founded the Sustainable Economies Law Center, a nonprofit that provides legal information to support sustainable economies.

Jenny served as a director of Berrett-Koehler Publishers. She is a member of the Content Advisory Panel of Conscious Company Magazine and serves on the advisory boards of Lioness Magazine and Investibule.

Comments

Vanessa Warheit

Added 4 months ago

Hi Tiffany - I found a typo on your Form C: "and there is guarantee that, in such a scenario, such additional capital would be available on terms favorable to the company or its Members, or at all." I feel fairly certain this should read "and there is no guarantee..." :) - Vanessa
Tiffany Rose LACSADO
Promotor

Added 4 months ago

Hafa adai Vanessa! Thank you for considering an investment in The Lei Company. You are correct. The correct disclosure should read: "The company may need to raise additional capital. Although the company expects that it will be able to raise in this offering an amount of capital that will be sufficient to meet its requirements for the foreseeable future, the company is not working with an underwriter, placement agent or similar party, and so there is no guarantee that the company will raise any particular amount in this offering. In addition, the company’s capital requirements could be greater than currently anticipated. Thus, it is possible that the company would need to raise additional capital to expand or even continue operating its business, and there is no guarantee that, in such a scenario, such additional capital would be available on terms favorable to the company or its Members, or at all."
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