Oct 14, 2010

Get rich quick in Catemaco

How would you like to lend money at 63% simple interest, secured by gold jewelry valued at 50% of its scrap metal value?

And you do not have to worry about government fiduciary laws and regulations. There are none.
If you like the idea, come to beautiful downtown Catemaco, and open a pawnshop that only accepts gold. No guitars, diamonds, TV's or chainsaws accepted.

Until four years ago, Catemaco had no pawnshop, and one itty bitty bank. Today the fourth pawn shop opened its doors.

Pawning is just about the only financial resource for people without access to bank or personal loans. That means poor people. They can obviously afford the interest and risk.

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