The movie features four stories taken from the original "Mga Kuwento ni Lola Basyang" by Severino Reyes: Dolphy starred in "Si Pedrong Walang Takot" (Fearless Peter). The cowardly Pedro gains courage by means of an enchanted bell that he used 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 her love to him. In his quest for this 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 (portrayed by Gloria Romero) rejected all of her high-profile suitors, believing that material riches cannot provide genuine happiness. Her constantly spurning her suitors provoked the ire of her father, the King, who decreed 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 found true love.