National Pawnshop in downtown Mexico City attracts patrons who need quick cash for jewelry and other valuables.
Mexico s national pawnshop Monte de Piedad was founded in 1775 in this building in the historic center of downtown Mexico City In the three peak periods Christmas Holy Week and the start of the school year in the Fall the main office handles an average of 10 000 transactions a day A large percentage of Mexicans without bank accounts use the services of the pawnshop for daily financing like buying medicines school materials and other necessities A value is placed on the merchandise usually jewelry by a trained evaluator and the client is loaned normally 50 of the value
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Photo credit: © Keith Dannemiller / Alamy / Afripics
License: Licensed
Model Released: No
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