1/2 cup rice (rinsed) 1 1/2 cup water 1 cinnamon stick 1/2 lime, rind only (leave in large pieces for easy removal later) 1 teaspoon vanilla extract 1/4 teaspoon salt 4 cups milk 1 can condensed milk cinnamon (powdered)
Bring the water to a boil with the lime rind and cinnamon stick. Add the rice and reduce heat, simmering the rice until the rice is cooked and has absorbed the water.
Remove cinnamon stick and lime rind. Combine the milk, condensed milk, salt and vanilla extract and add to the cooked rice. Simmer this mixture over medium heat, stirring frequently so that it doesn't stick to the bottom and burn (this takes around an hour or so, you must remain vigilant preparing this dessert as it will stick and burn easily, especially when it gets to it's thickened state).
Divide into individual serving containers and let cool. Refrigerate and serve sprinkled with cinnamon.