This vintage postcard features a little boy (possibly girl) dressed in cute winter clothing and holding a toy in his right hand. The toy may be a ring. The reverse of the postcard has an inscription indicating that the photograph was taken in 1926 in Mannheim, Germany. In addition, the name of the child may also be included in the inscription. The child’s name is not clearly legible to me, but appears to be “Hilde Marz”.The postcard was produced with scalloped edges. (SOLD)
THE CABINET CARD GALLERY 
I think it is a little girl. Hilde is one of several female given names derived from the name Hild formed from Old Norse hildr, meaning “battle”. And the surname is “Manz”.