Abderrazak: a business that serves young gamers (Morocco)
Now in his late twenties, Abderrazak Elghoudani left high school in order to work and help his family. He lives with his parents and his wife in Biougra, a village near Agadir in southern Morocco. When he was interviewed, Abderrazak and his wife were expecting a baby.
"I used to sell cigarettes and key-rings in the street and earned 30 dirhams (DH) per day but it wasn't a regular income. In those jobs, I also faced a lot of problems like theft, unfair competition, aggression and violence. I decided to look for more decent work and found a job in a cyber-café for almost a year where I acquired experience in management," said Abderrazak.
"With my savings and the help of my father who gave me premises, I opened my own grocery store and gained experience in managing, building relationships with customers and providers and in anticipating customers' needs. The store only covered its expenses, so I thought about adding another business offering video game services and I decided to ask Al Amana for a loan of 20,000 DH (2,300 USD). After the training, I revised my budget and decided that 10,000 DH (1,250 USD) was enough to start my business.
"With this loan, I bought plasma televisions, tables, chairs and CD games. The first day, this service was free for youth and the news about the video games spread by word of mouth and I gained faithful customers. Now, I earn 400 DH (50 USD) per day thanks to my video game business but I won't stop now. I'm saving regularly in order to hire a young manager and start another business with the help of Al Amana's loan of course."