One that I like a lot, is with finely blended peanuts. Strawberries with a dash of cream or coconut milk is pretty good too.

Jesus Christ that sounds good

Edit: found this online. Does it sounds about right? Maybe sub some/all of the milk for coconut milk.

1 can sweetened condensed milk Same measure of cachaca 1 cup crushed peanuts Blend until smooth and serve over crushed ice