The Philippines, a treasury of oral folk epics and particularly folk songs, gives us opportunities to research them in transition, which implies documenting and introducing them to a wider audience (Biclar, 2014). Capiz is the capital of folk songs and folk dances in Western Visayas. It is a province in Panay Island which has a distinctive and astonishing folk literature existing, but the dilemma is, writings were not all recorded and compiled. The study identified and analyzed the selected folk literature in the province. It sought to identify folk literature in the province of Capiz according to genres, craft a literary analysis based on folk literature and determine literary criticism approaches which are applicable for literary analysis. The study utilized descriptive-qualitative research employing literary critical approaches. The multi-stage purposive sampling procedure was used. The most common folk literature in the province were the following: ambahanon, binalaybay, composo, harana, hurobaton, lowa, paktakon and pamulong-pulong used the spoken introduction for the ulitawo and linay in the public dance (bayle). Te selected folk literature identified represent the historical, cultural, social, anthropological or even religious aspects of the Capizenos’ way of life.