This year's Nobel Peace Prize has been awarded to the National Dialogue Quartet on Friday. The Nobel Committee chose them for contributing in the growth of democracy in Tunisia after the Jasmine Revolution, according to CNBC.

The Nobel Peace Prize grant is approximately $972,000, which will be awarded to the quartet on Dec. 10 in Oslo. The prize will go to the organization as a group and not to the individual organizations that comprise the quartet such as the Tunisian General Labour Union, the Tunisian Confederation of Industry, Trade and Handicrafts, the Tunisian Human Rights League and the Tunisian Order of Lawyers, according to Kaci Kullman Five, the chair of the Norwegian Nobel Peace Prize Committee, The Guardian reported. 

The organization was formed in 2013 during the time when Tunisia was about to collapse due to killings and "social unrest," Five added while she was presenting the award.

"It established an alternative, peaceful political process at a time when the country was on the brink of civil war," she said, according to BBC News. "It was thus instrumental in enabling Tunisia, in the space of a few years, to establish a constitutional system of government guaranteeing fundamental rights for the entire population, irrespective of gender, political conviction or religious belief."

There 273 competitors for the prize and those who were favorites to win were Chancellor Angela Merkel of Germany and Pope Francis.

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