This study examines the nexus between credit expansion and the financial sustainability of microfinance institutions … (MFIs) in Sub-Saharan Africa (SSA). The study also examines the interaction effects of credit expansion and interest rate …-corrected standard errors to analyze the data. The results establish that credit expansion matters in MFI financial sustainability …

remained largely as a black-box. In this paper, we use bank-level data to explore the interaction between RR and bank lending … behavior. Our empirical findings suggest that short-term borrowing from the central bank is not a close substitute for deposits … for banks. Bank lending behavior responds significantly to reserve requirements and liquidity positions. Our analysis …