Ricardo Arias Mora: A Vision for Economic Justice and National Transformation
In 2010, when Juan Manuel Santos became President of Colombia, he appointed Ricardo Arias Mora to lead the National Savings Fund (FNA)—one of the most influential government banking institutions. This pivotal role would mark the beginning of an ambitious mission to reduce poverty and make homeownership a reality for millions of Colombians. Ricardo’s story illustrates how faith-driven leadership can ripple through a nation, transforming not only the economy but the lives of everyday people.
A Vision Rooted in Faith and Purpose
Ricardo’s journey to public service was rooted in prayer and purpose. Five years before his appointment, he found himself asking God how he could serve more meaningfully. Then serving as a senator, Ricardo felt led to apply biblical principles to his political career. His vision evolved into a reform movement grounded in faith, justice, and compassion—a movement that caught the attention of his political peers, including President Santos.
Breaking the Cycle of Poverty Through Homeownership
For decades, homeownership seemed unattainable for most Colombians, with 65% of families renting due to low income and a lack of savings. Ricardo believed that changing the national mindset around saving was crucial. His approach was simple yet profound: show Colombians that even the smallest amounts could lead to big changes.
•Inspiration in Small Beginnings: Ricardo shared the story of a woman who saved the equivalent of $1 a day from selling empanadas. Her small but consistent effort eventually allowed her to buy a home—an achievement that inspired thousands.
•Revolutionary Financial Incentives: Under Ricardo’s leadership, the FNA introduced a groundbreaking program offering low-interest home loans with no down payment for those who saved consistently for two years.
National Impact and Global Recognition
The program’s success was immediate and remarkable. In just two years:
•2.5 million families saved approximately $1,400 each, resulting in a collective savings of $3.5 billion.
•Tens of thousands of Colombians attended Ricardo’s educational events, where they learned practical principles of saving and financial empowerment.
The initiative gained international attention and became a model for other governments seeking to address housing inequities and poverty.
The Dignity Project: A Broader Vision for Colombia
Ricardo’s passion for transformation didn’t stop with homeownership. He launched the Dignity Project, a national movement advocating for change in five key areas:
1.Savings: Empowering individuals to build financial security.
2.Agriculture: Supporting sustainable farming and food security.
3.Education: Increasing access to quality education for all.
4.Social Justice: Promoting fairness and equal opportunities.
5.Spiritual Renewal: Encouraging leaders and citizens to seek God in their personal and public lives.
Ricardo’s ultimate dream is a Colombia where policymakers seek divine wisdom, creating a society that reflects justice, generosity, and integrity.
A Legacy of Transformation
Ricardo Arias Mora’s leadership at the National Savings Fund exemplifies the profound impact of faith in action. By integrating biblical principles into public policy, he has not only transformed financial systems but also restored hope and dignity to millions of Colombians. His story serves as a testament to the power of purpose-driven leadership in creating lasting change.
For those seeking to live out their calling in public service, Ricardo’s journey is a reminder that even small acts of faithfulness can lead to monumental change, reshaping nations and communities alike.