Monte De Piedad is a type of charitable institution that provides loans to individuals using personal belongings as collateral. Originating in Italy during the 15th century, these institutions aimed to help the poor avoid high-interest loans from moneylenders. They typically accept items like jewelry, electronics, and other valuables. In many countries, Monte De Piedad operates as a pawnshop with a social mission, offering low-interest rates and flexible repayment terms. The funds generated help support community projects and social services, making it a valuable resource for those in financial need while promoting responsible lending practices.