Refugees face significant barriers to entering the labour market in their host countries. These barriers prevent people from finding work which matches their abilities and aspirations: despite having transferable skills refugees remain unemployed or underemployed years after they have arrived. Restart’s main activity is loan-making for the purpose of labour market integration; we have however, helped hundreds of individuals with employment advice, business planning and signposting. Through our financial support we have enabled our clients to sit re-qualification exams, take training courses, start small businesses, access expert advice and secure work experience.
Our service is focused on facilitating refugees’ own efforts in becoming self-reliant by providing interest-free loans for activities which lead to durable economic integration. Loans, bundled with mentorship and advice where necessary, are offered to individuals for the purposes of labour market integration or business start-up.
We pride ourselves in having a sustainable model of financial assistance resulting from the recyclability of repayments. Our flexibility and personalised approach to (in house) loan management has to date given a nil loan delinquency rate. We are committed to not replicating services that are in existence but rather to work closely with partner organisations to ensure smooth and ‘holistic’ service provision. It is important not to confuse a Restart loan with other financial instruments such as microfinance even though the basic mechanism of both schemes is similar.