Place a pot over medium heat. Add the water, orange peel, cinnamon stick, and rice. Stir a little and wait for it to come to a boil. Cook until the water is absorbed, about 7 minutes, simmering on low and stirring occasionally.

Add the milk and sweetened condensed milk (it’s even better if the milk is warm). Mix well and continue cooking on low for about 25 more minutes after it starts boiling again, stirring occasionally.

After cooking, adjust the sweetness to taste (I added a few more spoonfuls of sweetened condensed milk until it was just right). Add the heavy cream (also warm) and mix well. Continue cooking for another 5 minutes on low, then remove from heat.

Remove the orange peels and cinnamon stick. Add the chopped chocolate and let it sit for a minute to melt. Stir to combine well and serve in your chosen dishes. Once cooled, sprinkle some grated chocolate on top and enjoy! Try it—you’ll love it!