This is a derivative work of the very simple kite by Verdantic .
(Yes it flies. Not always the way you want it to, but it does.)

You'll need
Materials:
- Paper (maybe A4, A3, or something similar)
- String/Thread

Tools (optional):
- something to cut the string

Step 1: Fold and Rip

Fold the paper in a half.
Rip a little rip where your fold is. One at the top, one at the bottom.

Step 2: First String

Make a hole at the upper corners of the (unfolded) paper. So the fold is in the middle of the two holes.
Put the string through the right hole first.
Now measure how much thread you need. The corners of the page are bent to the inside (not to much).
Make a knot at the right hole, go through the upper rip, go through the left hole and make a knot there.
Now you can cut the sting at the length you want it.

Step 3: Second String

Repeat the last step for the second string. Now you start at the left and use the bottom rip. Use the holes you made before.
Cut the sting at the same length as the first.
Finished.

Now you can experiment with the length of the stings to find the best proportions.