I would make a cuddly snake - get some nice soft toy eyes, the cat ones would work here, or some silly googly ones & a bit of felt to make a tongue
open up the belt
Maybe shorten it a bit. - maybe ask DD how long she wants her snake
Taper one end to a long point - when inside out, sew down the long edge to close the snakes body
Turn inside out, stuff with kapok or similar
Take one piece of another complimentary woven cloth for the underside of the head.
Lay the pocket & this fabric together & cut it into a snake head shape, with seam allowance
Cut felt snake tongue shape, slightly longer than needed
Fix the eyes in place - maybe add a bit of embroidery to the face too if you are confident enough - couple of black nostrils at least
Pin tongue in place & sew the head together inside out
Turn through - stuff & attach to the body
If DD is old enough not to chew it, maybe think about adding a length of the plastic covered gardening wire through the body so she can bend & shape her new toy as she likes :)
Good luck