Preheat your oven to 350°F. In a bowl, whisk together the eggs, monk fruit (or sugar), oil, vanilla, and milk.
Add the grated carrots, flour, baking powder, cinnamon, and nutmeg. Give it a good stir, then fold in the walnuts and raisins.
Transfer the batter to a greased loaf pan and bake for about 40 minutes, or until the loaf is beautifully golden on top and a toothpick inserted into the center comes out clean.
While the loaf is cooling, whip up the cream cheese frosting by mixing together the cream cheese, vanilla, and powdered monk fruit (or sugar) with a hand mixer until smooth and creamy.
Once the loaf has cooled, spread the frosting on top, slice it up, and get ready to enjoy a slice of carrot cake heaven!