With World Banks funding, the Bank of Tanzania is launching a credit bureau databank Clients' information will be made available to all banks and financial institutions to make it easy for small businesses and individuals to apply for loans. According to the World Bank's sub-Saharan Africa Credit Bureau Program Operation Officer, Moyo Ndonde, the World Bank provided support to the Bank of Tanzania to promote the country's first credit reference databank to deliver a more accommodating and expeditious process for the smaller enterprise in acquiring bank financing. Additionally, all information collected from regulated financial institutions will be accessible to all licensed private credit bureau in a span of four years. A Credit Reference System (CRS) will be deployed in 11 African countries by 2016 to solely monitor and store borrower's information to be used as a reference for future loan applications. The system is also intended to supply payment records of all borrowers. According to Agapiti Kobelo, Director of Banking Supervision at Central Bank, the CSR is also in charge of sourcing information from utility providers such as phone companies, electricity and water providers, and debt collection agencies as well as institutions like Business Registration and Licensing Authority.