It's really easy to create folders. Actually it's just creating keys.
You can see my below code i was creating a folder with utc_time as name.
Do remember ends the key with '/' like below, this indicates it's a key:
Key='folder1/' + utc_time + '/'
client = boto3.client('s3')
utc_timestamp = time.time()
def lambda_handler(event, context):
UTC_FORMAT = '%Y%m%d'
utc_time = datetime.datetime.utcfromtimestamp(utc_timestamp)
utc_time = utc_time.strftime(UTC_FORMAT)
print 'start to create folder for => ' + utc_time
putResponse = client.put_object(Bucket='mybucketName',
Key='folder1/' + utc_time + '/')
print putResponse