what is the ribbon for? is it the loop that you use to hang it from? or part of the design? for the design, i would put down tiny dots of washable glue to keep it in place. let that dry well. zig zag or straight stitch really small on the edges. imo, if you do one row of stitching down the center, the sides will flare up and not look so good. if it's to make loops, i would fold back on itself and cover with a small button r applique.