Abstract: An article is disclosed which is capable of being configured as a blanket or mat or the like, or as a carrying bag or knapsack. The article is made of a fabric piece having two opposing arcuate fabric channel halves secured to the lower surface thereof, facing each other. The channel halves define a generally circular channel in the center of the fabric piece. Gaps between the opposing ends of the fabric channel halves expose at least one and preferably two separate continuous ropes which pass through the channel. The fabric piece has a generally circular central portion of smaller diameter than the channel, with at least one retaining loop secured near the circumference thereof.