The Nacional Monte de Piedad is a not-for-profit institution and pawnshop whose main office is located just off the Zócalo, or main plaza of Mexico City. It was commanded to be built between 1774 and 1777 by Don Pedro Romero de Terreros, the Count of Regla as part of a movement to provide interest-free or low-interest loans to the poor. It was recognized as a national charity in 1927 by the Mexican government. Since the first decade of the 21st century it has been a fast-growing institution, with over 200 branches all over Mexico and plans to open a branch in every Mexican city.
National Monte de Piedad Building off the Zócalo in Mexico City.
One of the rooms inside the building
One of the colored skylights in the building
Main hallway of the building
A pawnbroker is an individual or business that offers secured loans to people, with items of personal property used as collateral. The items having been pawned to the broker are themselves called pledges or pawns, or simply the collateral. While many items can be pawned, pawnshops typically accept jewelry, musical instruments, home audio equipment, computers, video game systems, coins, gold, silver, televisions, cameras, power tools, firearms, and other relatively valuable items as collateral.
A pawnshop business in Munich, Germany in 2014
A pawnbroker in Oulu, Finland in 2009
A London shop displays the traditional pawnbroker's sign
Provident Loan Society in New York City, a charitable pawnbroker