What is nacional.monte de piedad?

Nacional Monte de Piedad is a not-for-profit organization based in Mexico City, founded in 1775. It provides low-interest loans and pawn services to people in financial need. The organization's mission is to alleviate poverty and promote economic development. It invests the profits from its services in social programs such as education, health, and environmental sustainability. Over the years, Nacional Monte de Piedad has become one of the most important institutions in Mexico, supporting more than 5 million people every year.