Water Piloncillo or Brown sugar Cinnamon stick Star anise or Whole cloves Bolillos Banana sliced Peanuts Monterey Jack cheese Candy sprinkles Raisins (optional) Shredded coconut (optional)
Add water, star anise, cinnamon stick, and piloncillo to a pot. Bring to a boil and let the piloncillo melt.
Layer the bread and add the desired toppings. Continue layering until there are no more ingredients
Pour the sweet syrup into the pot over the layered bread. Cover and cook on very LOW heat on the stove until the cheese is melted.
You can serve it either warm or cold. With the warm version, though, there is the ooey gooey cheese. Some people even eat Capirotada for breakfast.