Nacional Monte de Piedad

Nacional Monte de Piedad
Company typePrivate
IndustryPawnshop
Founded1774
HeadquartersMexico City
Websitewww.montepiedad.com.mx/portal/index.html

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.[1] 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.[2]

  1. ^ Alvarez, Jose Rogelio (2000). "Nacional Piedad de Monte". Enciclopedia de Mexico. Vol. 10. Mexico City: Encyclopædia Britannica. pp. 5699–5701. ISBN 1-56409-034-5.
  2. ^ Notimex. "Dispone Monte de Piedad de 905 mdp para préstamos" (in Spanish). Torreón: El siglo de Torreón. Retrieved 2008-10-01.