Thanks for the wonderful idea. I have made the squares with tabs but not a cute shape like your elephant. My niece is decorating her nursery with elephants also. (pink and grey). I love the minky!
Tip for you:You may already know this tip but just in case: I use a glue stick (washable) on the tips of the ribbon ends and press them to hold the loop ends together. Then I glue the ribbon tabs along the edge of the fabric to hold them in place for sewing.