Pawnshops Packed: Gold, Farm Tools Pawned for School Fees

MGR Online•Society•6d ago

Reader Briefing

Uthai Thani pawnshops see a surge in pawning as parents secure funds for the upcoming academic year.

•Villagers in Uthai Thani are pawning gold, agricultural tools, and even antique alms bowls at pawnshops to raise funds for their children's education.
•The municipal pawnshop has allocated 70 million baht to meet the demand and is offering reduced interest rates for the back-to-school period.
•The interest rate reduction is a promotional measure valid from May 1 to June 30, 2026.

Overview

•Approaching the academic year 2026, the Uthai Thani Municipal Pawnshop is experiencing a surge of customers.
•Villagers are pawning valuable assets, including gold, household appliances, tools, and agricultural equipment, in order to raise funds for school expenses.
•Parents are utilizing pawnshop services to cover costs such as tuition fees, school supplies, and general household expenses.
•The Uthai Thani Municipal Pawnshop has prepared a reserve fund of 70 million baht to accommodate the increased demand from the public.
•The Uthai Thani Municipal Pawnshop is implementing a special offer with reduced interest rates to assist parents with their financial burden.
•For principal amounts not exceeding 5,000 baht, the initial interest rate is 0.25% per month for the first 3 months, increasing to 0.50% thereafter.
•For principal amounts between 5,000 and 10,000 baht, the initial interest rate is 0.75% per month for the first 3 months, increasing to 1% thereafter.
•The promotional reduced interest rate offers are available from May 1 to June 30, 2026, to provide relief for parents during the new academic term.

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Key Entities

Organization

Uthai Thani Municipality(เทศบาลเมืองอุทัยธานี)

The municipal organization operating a pawnshop that is experiencing increased customer activity due to the upcoming academic year.

Uthai Thani Municipal Pawnshop(สถานานุบาลเทศบาลเมืองอุทัยธานี)

The specific pawnshop under the Uthai Thani Municipality that is reporting a significant increase in pawning activity and has allocated funds and special interest rates.

Person

Ms. Pattaya Thiansaeng(นางสาวพัทยา เทียนแสง)

The manager of the Uthai Thani Municipal Pawnshop, who provided details about customer trends and operational measures.