Iguales problemas, idénticas soluciones. El Monte de Piedad de Buenos Aires y su respuesta a la usura (1877-1904).

"Never offer to the rich/and may the poor never lack" These verses by Martín Fierro -a masterpiece of Argentine gaucho narrative-represent the Monte de Piedad in Buenos Aires and its development. In a way, they essentialize the social function of this institution that provides credit to the underprivileged sectors of society. Besides, this affirmation allows to identify its author, José Hernández, as a member of the entity's Board of Directors and a tenacious defender of its continuity. This article is based on the antecedents of the pledge credit and the role played by the native montepíos in the mid-19th century. Its focused in the study of the origin and trajectory of Monte de Piedad in Buenos Aires, as an institution which alleviated the hardships of the vulnerable sectors, both natives and immigrants, and prevented them from being victims of usury. Both macro and micro perspectives converge in this analysis. Firstly, the argentine economic and financial situation is taken into account to get to Buenos Aires' province evaluation. Secondly, the history of this entity's social function is examined since it was founded in 1877 (under the Bank of the Province of Buenos Aires), to its incorporation a decade later into the municipal patrimony and its conversion into the Municipal Bank of Loans, in 1904. The article starts with a bibliographic review of this particular subject. The proposed objective is achieved by analyzing diverse primary sources (Minutes Books, Memories and balances, Organic Letters, Institution Regulations, Journal of Sessions of the Buenos Aires Legislature and the Deliberative Council of the city of Buenos Aires) as well as the main periodical publications of the time. [ABSTRACT FROM AUTHOR]