References


Eureciclo

400 million tonnes of plastic and 85% goes to landfills and inadequate places  - https://unep.org/interactive/beat-plastic-pollution/

the global recycling ratio for plastic waste is an abysmal 10% - https://www.oecd.org/newsroom/plastic-pollution-is-growing-relentlessly-as-waste-management-and-recycling-fall-short.htm

https://www.unep.org/interactives/beat-plastic-pollution/#:~:text=Of the seven billion tonnes,per cent has been recycled.

22% LAW PNRS e em 2031 chega a 45%- https://blog.eureciclo.com.br/como-o-recicla-vai-mudar-a-cadeia-de-reciclagem-no-brasil/

180k tons per year of recyclable waste - https://www.veolia.com/latamib/pt/noticias/veolia-e-eureciclo-firmam-parceria-para-fomentar-reciclagem-no-brasil

Favo

hunger in Latin America and the Caribbean has reached its highest levels since the beginning of the 21st century & 60 million malnourished  - https://www.unicef.org/lac/en/press-releases/new-un-report-hunger-latin-america-and-caribbean-rose-138-million-people-just-one

9.96% unemployment rate - https://www.macrotrends.net/countries/LCN/latin-america-caribbean-/unemployment-rate#:~:text=Unemployment refers to the share,a 0.09%25 decline from 2020.

Brazilian families spend up to 22% of their budget on groceries - https://techcrunch.com/2021/10/06/tiger-global-backs-favo-which-is-building-an-easier-way-for-latin-americans-to-order-groceries-online/#:~:text=Families in Brazil spend%2C on,of their budget on groceries.

Peru, households spend a staggering 53% of their income on food and non-alcoholic beverages -  a research conducted by Real-Time Big Data Institute shows 48% of Brazilians are looking for new revenue streams mainly to afford food & groceries - https://valor.globo.com/patrocinado/dino/noticia/2022/07/22/estudo-aponta-que-48-dos-brasileiros-buscam-renda-extra.ghtml

Community buying model -

https://www.statista.com/statistics/1142901/china-size-of-community-group-buying-market/

3K products - https://techcrunch.com/2021/10/06/tiger-global-backs-favo-which-is-building-an-easier-way-for-latin-americans-to-order-groceries-online/#:~:text=Families in Brazil spend%2C on,of their budget on groceries

Peru has experienced a high level of unemployment in recent years, reaching a peak of 13.5% - it’s actually 16.50% in september of 2020 - https://tradingeconomics.com/peru/unemployment-rate#:~:text=Unemployment Rate in Peru averaged,percent in December of 2012

Favo impacted 14,794 micro-entrepreneurs - FAVO INPUTS, correctly

Labi Exames