Heat water, 2 cups strawberries and sugar in a medium saucepan, stirring constantly, until mixture boils and thickens. Let cool and refrigerate for 15 minutes.
Mix Media Crema with sweetened condensed milk in small bowl. Place a layer of strawberries in the bottom of 5 dessert glasses with a little cooled strawberry mixture. Top with a little Media Crema mixture. Repeat the layers until the glass is full.