Watch Favela Gay for Free: How to Stream the Movie Online at 123Movies. . Favela Gay tells the story of eleven individuals in their own words. Living in eight slums (favelas) in Rio de Janeiro, these members of the LGBTQ community – two transgender women, a crossdressing man, a travesti prostitute, a famous carnival dancer, two community activists, and even a young man who used to be transgender, but transitioned back – have fought prejudice and seen some of the most unsavoury sides of the city.