Family Development Cooperative Thrift and Credit Society Ltd., (FAMCO) is a Multi State cooperative society formed on July 23, 2009. When Rev. Fr. A. S. Antonisamy was the Executive Director of the Pondicherry Multipurpose Social Service Society (PMSSS) – the official development organization of the Archdiocese of Pondicherry-Cuddalore- conducted a socio-economic survey conducted in the rural and urban areas of the districts of Puducherry and Karaikal of the Union Territory of Puducherry, Cuddalore and Villupuram Districts of Tamil Nadu to understand the conditions of people.