This latin american-style rice pudding with raisins and cinnamon is a huge favorite throughout south america. Often flavored with rum, studded with plump raisins, and sprinkled with cinnamon, rice pudding takes a little patience and lots of stirring to prepare, but it's worth the effort. Some people prefer to enjoy their rice pudding warm, but it is often served cold in latin america. Variations on the basic version include adding coconut or coconut milk, anise, orange peel, sweetened condensed milk, coffee, or even made with corn in place of the rice. In peru, arroz con leche is often served with mazamorra morada, a spiced pudding made from purple corn.