LOOSE LEAF ENVELOPE

A holder for loose leaf documents suitable for binding within a document i s disclosed, having a pocket portion that is secured to a backer sheet along t he bottom and outside edges thereof only and terminating such that the aperture s provided to secure the holder to the binding mechanism appear only on a binding strip along the inside edge of the backer sheet, leaving the pocket free to flap open and shut along its inside extent for easy insertion and removal of loos e leaf materials, even when the holder is bound within a document. Preferably, the holder is manufactured out of a single sheet of paper stock, suitably die cu t for economic and easy manufacture, while remaining environmentally friendly.