Spicy Thai Green Papaya Salad

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1/2 cup fresh lime juice

3 tablespoons plus 1 teaspoon Thai fish sauce

1/4 cup minced shallot

3 Thai bird chiles or Serrano chiles, seeded and finely chopped

3 tablespoons coconut-palm sugar or golden cane sugar

1 1/2 teaspoons minced garlic

2 medium-large green papayas, peeled, seeds removed, and shredded or julienned (2 to 2 1/2 pounds)

2 carrots, peeled and shredded or julienned

2 tablespoons chiffonade fresh mint leaves

1 tablespoon chopped fresh cilantro leaves, plus 1/3 cup leaves, for garnish

1/2 cup finely chopped peanuts, for garnish