CRESS Capital
Two Way Out
wo Way Out, Inc. works to unlock the world’s poor full potentials. CRESS loan capital is an innovation in poverty eradication. We help the poor follow their passion and use their strength in combination with resources based on their specific needs to navigate the interrelated problems of poverty, diseases and ignorance facing them. We assist the poorest of the poor, especially women and young people, move forward to become successful entrepreneurs within calendar dates. We provide financial products, encourage social business initiatives and help families in need. We open doors and give empowerment tools including microloan opportunities and training, and help those in need start their own business.
Around the world more than 2 billion people have little or no access to formal financial intermediaries for reasons including: they are either geographically unavailable or procedurally discriminative. Access to credit is a human right. Needs-tailored empowerment tools will unlock the world’s poor full potentials.
Commitment
wo Way Out is committed in the fight against poverty. We are implementing CRESS capital as an action research in poor communities around the world in partnership with frontline partners, local organizations. This is an innovation in the fight against poverty. CRESS capital loan is a package containing financial and nonfinancial services delivered simultaneously. The loan component is delivered to working poor in a sequential order starting with the “C” and ending with the last “S” in CRESS. The acronym CRESS stands for Cultivation, Reinforcement, Expansion, Sustention and Seed capital. The nonfinancial components are skills, information and educative sessions with topics determined from specific needs of the poor and communities
wo Way Out organizes hands-on-CRESS training for individuals and institutions interested to replicate CRESS innovation or learn about the most effective way to address the interrelated needs of the poor in geographically hard to reach communities or procedurally discriminated upon.
wo Way Out facilitates hand-on-learning to institutions and individuals interested to learn more about tools that alleviate poverty or intend to integrate CRESS components into existing programs. We support community initiatives that have demonstrated good microfinance management skills to replicate CRESS innovation