About Us

HomeAbout Famco

16+ Years of Trust, Service & Community Growth

FAMCO serves diverse communities by extending financial access to those often beyond the reach of traditional institutions. The Society continues to strengthen its operations through improved systems and member-focused services, ensuring a seamless and inclusive experience for all.

Mission & Vision

Vision

To build up an egalitarian society as one family based on the principles of cooperation where the virtues of justice, equality, freedom, fraternity, and peace are the living values of the people at the local, state and national level.

Mission

FAMCO will work with the poor, the marginalized, the vulnerable, the downtrodden, and the excluded communities and families through their groups/associations and by their participation and sharing. In this process, FAMCO will collaborate with Societies, Trusts, Associations, Companies, Cooperatives, and other Organizations which believe in the cooperative/development principles towards the empowerment of the people.

Our Objectives

The objectives include both short-term and long-term concerns. The short-terms objectives are based on a three year vision, while the others are seen as continuous in nature. The major objectives of FAMCO are

Become a financially sustainable cooperative after five years, free from external funding requirements.

Provide debt swaps for the members, who are marginalized people stuck in the jaws of moneylenders.

Promote the interests of all its members to attain their social and economic betterment through self-help and mutual aid in accordance with the cooperative principles.

About Us

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.

For over sixteen years, FAMCO (Family Development Cooperative Thrift and Credit Society Ltd.) has been a pillar of trust and empowerment for individuals and communities. Built on the principles of self-help, mutual aid, and social responsibility, FAMCO has consistently worked to uplift the marginalized, promote financial inclusion, and inspire sustainable development. Through responsible lending, member education, and value-based community initiatives, FAMCO continues to nurture growth, stability, and hope for a better tomorrow.

Chairman's Message

The Dhanalakshmi Group  has always believed in the power of working together with kindness and care. Our goal is to meet people’s financial needs and help improve the lives of those who are struggling, especially the poor.

In a world where the gap between rich and poor keeps growing, we aim to be a source of hope. We work hard to remove financial barriers that stop people from reaching their full potential. We believe that financial security should help not just one person, but entire families and communities.

Helping the poor is at the heart of everything we do. Every rupee we give and every hour we spend helping others makes a big difference. It creates a chain reaction of positive change in people’s lives.

I sincerely thank our management team, staff, investors, and customers. Your support and belief in our mission give us the strength to keep going. Your kindness truly makes a difference.

Thank you for being a part of the Dhanalakshmi Group's  journey.

Dr. Vibindas Kadangottu

Chairman & Managing Director