All done except for the strap. The legs are small pouches called "unas" which are commonly found on Andean bags.
WIP pictures here
More FO pics and sparse notes here
If you like to knit small things in the round with little or no seaming, then I can't recommend this book enough: Andean Folk Knits
by Marcia Lewandowski. The llama purse was an absolute joy to knit.
Has anyone else made anything from this book? I'd eat to see the FO if so. EDIT
: all done, with strap.