Up until now, there has been a minimum wait period between credit limit increases, but new loans could be raised at any time. Starting today, second loans will also have the limitation that they must be raised at least two months after disbursement of a member's first loan. The reason for the change is that second loans for new members are substantially larger than previously. (You may read more about the loan size increase pilot here.) The minimum two-month period is intended to help protect our community from credit risk, while keeping progression to new loans reasonably quick for members who use their business earnings to repay the first loan. Third and subsequent loans may be raised at any time after repayment of the second loan, provided that the minimum two-month period since disbursement of the first loan has passed. The minimum time periods needed to qualify for credit limit increases are the same as before.