Surprisingly, our subtle personal habits can have the largest ecological impacts. The EPA estimates that food is the largest single contributor to landfills and incinerators.In fact, 22 percent of municipal solid waste is discarded food where it becomes methane, a potent greenhouse gas nearly 30 times more effective than carbon dioxide at warming the planet.
Landfills are a finite resource, and are being filled with valuable resources - organic material in healthy soils. Organic material is needed to rebuild our soils, which are being [Read More]
Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.
November 19, 2020
January 12, 2021
Monique Figueiredo - Chief Executive Officer / Founder / Co-Owner
Monique founded CompostableLA in 2019 when she saw a need for additional community composting resources. Her vision for a community-led organization is woven through the fiber of CompostableLA's foundation.
Monique has over 8 years of non-profit experience in human services. She progressed from direct service to management, becoming an advocate for mental health funding and worker safety issues. She has since shifted to sustainability as her avenue to serve others, since caring for the natural world ultimately benefits its inhabitants as well. Monique completed UCLA's Sustainability Certificate program and further developed her regenerative agricultural knowledge through Kiss The Ground's Soil Advocate program.
Janae D. Green - Chief Operations Officer / Co-Owner
Janae is an entertainment professional working in the film & television industry since 2011. She has worked as a Coordinator and Producer, acquiring extensive project management and organizational skills. She has also worked as a Sustainability Coordinator, managing the on-set Sustainability program for television shows like Silicon Valley and Insecure and building the Sustainability program at HBO corporate. She brings to the table her love of strategy, day to day project administration, and streamlining operational efficiency.
Jamie Renee Williams - Chief Sustainability Officer / Co-Owner
Jamie leads sustainability at CompostableLA. In this role she advocates for activating the company's core commitment to help close the food system loop through community-led composting, policy advancement and community operational excellence in three key realms - equity, environment and economy.
Bringing together expertise in UX Design, anthropology, urban gardening and garnering senior management experience. Jamie is committed to holistic, inclusive approaches to environmental challenges that facilitate transformation of culture and planet. She recently completed a certification in Harvard's "The Health Effects of Climate Change" course and attended a training called "Coaching Address the Impacts of White Supremacy and Anti-Blackness" hosted by Healing Justice Liberation.
Interest Rate: 8.00% annually
Payments: Monthly, disbursed to investors quarterly
Maturity: 6 months interest only + 54 months fully amortizing
Personal Guaranty: Monique Figueiredo and Janae D Green
Security Interest: Blanket lien on assets of company
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