How about this idea? They are from a pattern called A Little Duffle Do It.
http://www.amazon.com/Little-Duffle-.../dp/B003H2387K
I made these sets using coordinating fat quarters. The pattern has directions for four sizes. I can make the medium, small, and tiny sizes from two fat quarters. I reversed which fabric was on the outside for the small size, so they made a cute coordinated set. They are fun to make, and can be done easily in a morning. Be careful though....they're addictive!