1. Punch four holes.
For this tutorial I'm going to name them A, B, C and D across from left to right.
2. Thread a needle with the fibres.
3. Starting from above take the needle down through B leaving a tail.
4. Bring the needle back up through A and tighten.
5. Back down through B.
6. Up through C.
7. Down through D.
8. Back up through C.
9. Tie a knot (or bow) and trim the ends.