Option Use I second piece of same bottle, make a pincushion on one end ( glue gun a ribbon to cover the raw edge) and the zipper for a sewing kit! Two plastic bottles and a zipper, nice small gift holder.
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Ribbon dispenser from 2 plastic soda bottles. Put a disk of cardboard cut from cereal boxes in between each ribbon roll. Thread ribbon rolls on a dowel. The rubber bands hold the bottle together and also holds down the ribbons