This seems reasonably made for the price, but if you look carefully at the measurements you'll see that it's not really a handbag, but a large totebag.  It
has a big flat bottom and could easily hold a change of clothes, some toiletries or gym stuff.  The handles and construction don't seem heavy or strong enough to carry really heavy things.  I just used it as my carry-on "small object" for several flights, and it worked pretty well, with a great assortment of stuff in it, including my medium-sized pocketbook, snacks, book, papers, etc.  It fit fine
under the seat ahead of me.