OK, the following is total guess work, wait for the experts to give their views.
This looks vaguely Caucasian to me, with the field "stars" simplified versions of what you sometimes see on Kazaks, and the minor borders and colours what you see e.g. on Karabaghs. Probably not antique, but could be 1st quarter 20th c., definitely old, likely not valuable, but to me seems would be a shame just to toss it, if there was someone out there who wanted it, if for historical reasons only.