Located right next to the old Penafrancia Shrine, the monument pays tribute to Fr. Miguel Robles de Covarrubias. It is here that the Traslacion procession of Our Lady of Peafrancia begins, officially kicking off the Peafrancia Festival.

From the Archdiocese of Caceres website:

Around the year 1710, Rev. Fr. Miguel Robles de Covarrubias, upon the petition of the Cimarrones, built a Chapel and from a stampita he always had with him, had a replica of the Lady of Peña de Francia carved from wood then enshrined her at the said Chapel. Immediately, people came to visit, most especially, during the Saturday Novena and Mass at the Chapel.

After a while, Fr. Miguel returned to Manila. But when his left eye became totally blind, he pledged to the Lady that he will return to Nueva Caceres and build the stone church he promised her. After returning to Naga, he initiated the building of the stone church. In 1741, it was not known if Fr. Miguel was still alive or already dead by then, under Most Rev. Ysidro de Arevalo, DD, the stone church was erected.

A native of San Martin del Castañar where Peña de Francia is located, Fr. Miguel, who then was studying at the University of Santo Tomas, honored the invitation of the Bishop of Nueva Caceres, Most Rev. Andres Gonzalez, OP, DD to come to Nueva Caceres (Naga) where later on he was ordained and became Parish Priest of the Cathedral and Vicar General of the Diocese. A recipient himself of many miracles of healing through his devotion to the Lady of Peñafrancia, while he was in Manila, he has pledged to our Lady that he will build her a stone church near the Pasig River. The pledge was fulfilled. Not in Manila, but in Naga. When Most Rev. Francisco Gainza, OP, DD arrived in Naga in 1863 to take possession of the See of Nueva Caceres, foremost among his priorities was the spread of the devotion.