This papercraft is Makarov Dreyar, both the 3rd and 6th Guild Master of the Fairy Tail Guild, as well as one of the Ten Wizard Saints, based on the Anime/manga series Fairy Tail, this paper model was designed by Kang.
Makarov Dreyar is a person who is able to love and believe in people, which is the reason Precht chose him to be his successor and take the position of Guild Master of Fairy Tail. He also dislikes being called a kid by Master Precht for someone his age.
Makarov Dreyar shows extreme dislike for the Magic Council and all the rules they try to impose on guilds, believing that the skills and Magic of his guild members will not be able to grow if he makes them conform to the rules of the Council. He frequently attempts to balance reprimands from the council and the eccentricity of his guild. Despite this, at times he has to grow to his giant form to stop the insane revelling and destruction of the guild, and acts as a parent to the guild members, looking after them and encouraging or inspiring them. This parent attribute is noticeable when he worries over the destruction that the guild members may cause and tells them to try tone it down. This trait is especially obvious when he is disinterested in revenge for the damage caused to the guild by Phantom Lord, but grows enraged and vengeful when he finds three of his "children" have been hurt. However, one can say this love for the guild takes priority over his own family as he has excommunicated both his son and grandson, Ivan Dreyar and Laxus Dreyar, for being a threat to the guild. He appears to hold little qualms over the age, strength or history of a prospective member as seen when he lets Gajeel Redfox and Juvia Lockser join despite them being former members of Phantom Lord.
He also has his own eccentric side, wearing an unusual hat or doing insane poses. Another trait is his docile perverted nature, an example being when he hit Natsu Dragneel, Happy and Gray Fullbuster on the head for doing an S-class mission without permission but spanked Lucy Heartfilia, and spanked her again even though it was Natsu he was telling off. He also worries over the excessive damages caused by the guild members particularly Natsu, Gray, and Erza and even more so when they are grouped together.
Although, he is shown to be wise and has a calm personality. It has been shown that in his younger years, Makarov was quite an impatient man who did not hesitate to pick a fight with his other guild-mates. A rather implicit traits that could be seen on the Guild's members.
Makarov Dreyar is an extremely short, elderly man. He has black eyes and is growing bald with only the outer rims of his head containing white hair. He also has a thick white mustache. He has a black stamp of Fairy Tail that covers his entire chest area. On his first appearance, he was shown dressing in a casual manners which consist of a white shirt with black Fairy Tail stamp in the middle which covered by an orange hoodie. His attire was completed with matching orange shorts and an orange and blue stripes designed jester hat.
Later on, following the Phantom Lord assault he was shown with a more formal attire with him wearing a white tunic with Fairy Tail symbol on the left collar and a black pants in which covered by a formal white coat with white fur around the edge and the Ten Wizard Saints' symbol at the back. In Fighting Festival arc he was shown having a less formal attire where he wears a white shirt with a red vest on top of it and a black pants. Instead of his Wizard Saints' robe, he used a more casual high collared cape.
Makarov Dreyar is one of the characters who changes his attire frequently. He once dressed only with a Hawaiian Shirt and black shorts. Although he changed his attire from time to time, he's still frequently shown wearing his Wizard Saints' attire. [Source: wikia]
You can download the papercraft model here: Fairy Tail - Makarov Dreyar Free Papercraft Download