As a consequence of the pandemic, the unemployment rate rose to 12.2% in the first quarter of 2020, reaching 12,850 million people according to the IBGE. And as a result of social isolation, the economy stopped. Where several businesses closed their doors and many went bankrupt. In view of the increased risk and uncertainties, access to credit was hampered even with government incentives to inject money into the economy. According to SEBRAE, more than 600,000 small companies closed their activities because of COVID-19, where 30% had to resort to loans to maintain their activities, however 59.2% had their requests denied.
FGV estimates that in the medium and long term, the unemployment rate may reach 17.8% this year. However, according to research, for the post pandemic people will undertake instead of having a job. And this brings the opportunity to increase the connection between these future entrepreneurs taking into account the credits denied, there is a possibility of setting up a new credit market, where individuals form a community to assist legal entities, making their money profitable and becoming business partner. With the fall in the SELIC rate and the low profitability of savings, alternative investment diversification can generate new stimuli to the economy, including using FGTS, unemployment insurance, other aids and benefits.
When thinking about the possibility of an alternative and more diversified market for loanable resources, the solutions would be based on helping entrepreneurs to obtain microcredits and the unemployed to make better allocations of their severance payments, having the opportunity to become an investor. The credit market is all made by digital operations, even when going in person to a financial institution, transactions take place digitally. So a platform that connects the investor to the company in a virtual and easily accessible way is very viable and demanded, especially in the current and post-pandemic scenario.
The champion idea is a platform that connects individuals with the availability of cash to invest in legal entities. Its innovation lies in the possibility of the investor also being invested when selling his idea within the platform. Another differential is the regional ranking for better investment decision and better profitability, giving the opportunity for more transparency in operations. Offering more security to the investor, remaking the economy.
The data provided by NASA, ESA and JAXA assist in the geolocation of socioeconomic patterns. The pandemic has weakened the economy because of isolation, this has led to unemployment and bankruptcy of businesses. These data give us a sense of that local economy and social indices. The data will be used for analysis and understanding of the impacts on the economy of COVID-19, and through them we perceive the unemployment rates in the countries that had more cases during the pandemic period, and we realize that this will not return to normal, and people they will open their own businesses. And with this information we can measure a global market for our solution, where millions of people can be impacted.
We use an framework of Javascript called Vue.JS to frontend, and Node.JS to backend. The website use webscocket to update the data from client side at real time. And GitHub to commit the code. axios chart.js core-js ejs express socket.io socket.io-client vue-chartkick vue-router
https://youtu.be/c5Kg7CrpzhU
https://ec.europa.eu/eurostat/tgm/table.do;jsessionid=-GtnxObnDd8dU-FHXHxG7jxGys8mwiQnM_SMBbnOHmYtb-LFhtZv!-329820215?tab=table&plugin=1&language=en&pcode=tec00109
https://data.europa.eu/euodp/en/data/dataset/covid-19-coronavirus-data
https://datasebrae.com.br/corona/