Quienes somos – Monte de Piedad

We are Monte de Piedad

Creating Social Value for México since 1775

Nacional Monte de Piedad was founded in 1775, in the times of New Spain, before Mexico existed as an independent nation. We were born with the mission “To Help those in Need” and with a mandate of perpetuity, beginning this social work in favor of widows and orphans. After 248 years, we continue to positively impact Mexican society with our entire operation. Through the collateral or pledge loan and social investment we contribute to 14 specific goals related to 7 UN Sustainable Development Goals. And through the Social Investment program we involve civil society in this process: during 2023 we worked with a total of 549 allied institutions, benefiting more than 800 thousand Mexicans. Therefore, we carried out practices aligned with sustainability long before this concept even existed. “That is why we can name ourselves pioneers of sustainable development in Mexico.”

We Operate Responsibly and Sustainably

In daily management we operate with good economic, labor, government and environmental practices.

This is another way to fulfill our commitment to create value for Mexican society.

We are especially known for offering “pawns” (pledge loans)* through Nacional Monte de Piedad I.A.P. and in our transformation process to meet the needs of new times, we now grant personal loans without guarantee through Financiera Monte de Piedad.

In 2023, we made 7.2 million pledge loans to 1.2 million clients and granted personal loans to more than 45 thousand households with comfortable terms and competitive conditions.

We Finance the Dreams of Millions of Mexicans

Monte de Piedad Part of the History of Mexico

Nacional Monte de Piedad was founded 248 years ago. We are one of the oldest and most traditional institutions in the Mexican Republic and, therefore, with a lot of stories to tell.

Here we present a timeline with our main events:

Presence in the Republica Mexicana

Founding Mandates

Mandates

Since its creation, Monte de Piedad has been governed by three founding mandates:

Help those in need through pledge loans, to achieve Mexicans’ financial inclusion.
Assist every person who has any need, without discrimination for reasons of race, sex, religion, age, or economic situation.
Fight usury and operate in perpetuity.

To date, the three mandates have been fully fulfilled, with all the challenges and institutional transformations that this has implied. Today we are prepared to maintain the leadership that characterizes us with a vision towards the challenges of the future.

Mission and Vision

Mission Help Those in Need, through pledge loans, financial services, and with social impact activities and investments.

Visión: To be the most admired Private Assistance Institution, by supporting six million Mexican families by 2025.

Values

Efficiency: We perform our daily tasks with the best practices, carrying out optimal, innovative and guaranteed processes.

Passion to Serve: We give the best treatment with warmth, offering solutions that exceed the expectations of our clients.

Integrity: We act in a respectful, honest and responsible manner, managing resources in a transparent way.

Social Awareness: We fulfill our social responsibility, actively participating in the conservation of the environment and favoring the development of Mexico.

Monte de Piedad pionero del Desarrollo Sostenible en México