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The movie features four stories taken from the original "Mga Kuwento ni Lola Basyang" by Severino Reyes: Dolphy stars in "Si Pedrong Walang Takot" (Fearless Peter): Cowardly Pedro gains courage from enchanted bell that he uses to scare away a kapre (a hairy giant from Philippine Mythology). The second story is "Ang Mahiwagang Kuba" (The Enchanted Hunchback): Prince Jorge (Carlos Salazar) is an enchanted prince who was cursed to become a hideous hunchback until a beautiful lady with a golden heart gives him her love. In his quest for a beautiful lady, he meets Princess Lucinda (Marlene Dauden), who promises to marry anyone who can heal the ailing king. He also meets a kind-hearted beggar named Feli, who helps him without expecting anything in return. Can the prince heal the ailing king? Is Princess Lucinda the answer to the prince's prayer? Who will truly break the curse? The third story is "Ang Dakilang Puso ng Isang Ina" (A Mother's Great Heart) which starred Rosa Mia, Tony Marzan and Priscilla Valdez. The fourth was Ang Prinsesang Naging Pulubi ("The Princess Who Became a Pauper"). A Princess from a faraway land (Gloria Romero) rejects all of her high-profile suitors, believing that material riches cannot provide genuine happiness. This provokes the ire of her father the King, who decrees that she be given in marriage to the first beggar who enters the royal garden. In that fortunate Beggar (played by Juancho Gutierrez), the Princess finds true love.
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