The implant may be used as prosthetic replacement for a ligament and/or tendon. The implant has a plurality of discrete longitudinal strands disposed in side-by-side relation with transverse filaments about the strands. Individual sub-zones of the ligament are folded over in a transverse manner about a longitudinal axis of the sub-zone with intermediate zones being in an unfolded state. The intermediate zones may be formed solely of longitudinal strands to enhance flexibility.