There is a line of tools aimed at women available, but I have not seen any in the stores and cannot recall the name.
They are designed to be smaller and lighter for women's hands.

Here you go, with a link to Barbara K tools especially for women.

My hands are very small--e.g. I have trouble finding gloves to fit. I didn't know about the Barbara K tools when I was looking to buy my drill, and I ended up buying a corded one. I am happy with that decision, since the corded drill is lightweight, but has plenty of torque, and is fine for the repair jobs I need to do around the house. Plus, my corded drill is always at full power, no recharging/downtime needed. I don't miss the cordless feature at all.

Here is a link that might be useful: Barbara K's Power Tools

THe trouble with smaller tools is smaller power and less capability for the job. The better manufacturers cordless lines like DeWalt aren't light or small, but their 14.4 line is fairly usable for me. If you have really small hands, then cordless may not be the way to go for you. Buy corded for the major jobs, and have a 9 volt rechargable for screwing in those cabinet knobs or other small around the house work. But, a 9 volt isn't gonna work for hanging drywall or screwing studs to top plates. You gotta make tradoffs. ANd, there is no such thing as too many tools, especially if you don't have the right one for the job at hand.

The Dewalt 9.6v actually has as much torque as a B&D 14.4v. I've found it has plenty of torque for my needs. I used it build my workbench and it had plenty of power for drilling and driving screws through 2" hard maple.

The one time it was a bit a bit of a weakling was drilling 1/4" holes through 5" redwood with a spade bit. It made it through, but the battery only held up for 4 holes at a time. That was assembling a playset for DD, something I probably won't ever be doing again!

I sincerely appreciate the lighter weight of the 9.6v when I have to hold the drill overhead for any length of time - installing blinds, fans, chandeliers, etc. Personally, I've never wished for a stronger drill.

The Ryobi 14 volt drill is a little sweetie. Very well balanced, not too big for small hands, and good features, including keyless chuck, bubble level, magnetic screw holder, and screwdriver bits on board. I got one several years ago. I recently "upgraded" to an 18 volt version, but if I had to carry something around a lot, I'd opt for the 14. If you're drilling small holes, you won't use that much power anyway, and a 14 volt version will work just fine.

I like a powerful tool with smaller grips and all that to fit my hands. I have found that Black & Decker, DeWalt, Tool Shoppe have smaller grips on some of their tools. Go to a Home Improvement store and try all the models they have on display. It's a good way of gauging the weight and feel of each tool.

Now if they would just color coordinate them
with tool belts & acessories...

It's much easier to match the accessories to the tools....

LOL!
I saw an ad that had some tiny
nail sets for earrings.

When I worked in the machine shop, I learned that most drilled holes are 1/4 inch or less in diameter. Worldwide. Ever.

If you use a heavy, higher voltage drill with high torque output, you are probably going to be spun around if you are a smaller person. Therefore, get a lower torque tool and you will be fine. Lower torque usually comes with lower voltage and lighter weight.

I'm over 6 ft and (mumble) pounds, and a cordless 18V Super Mongus Torker is too heavy for me all day long even if it does come in kewl yellow and grey manly colors. For really rockin' work, like 1" holes through railroad ties, I have a corded 1/2 inch Milwaukee that outweighs my dog and spins me around when it grabs.

There are many 12 V and less cordless tools that do just fine for 99% of household work. They are smaller, lighter, and fit a smaller person much better.

Makita makes a nice small set of professional tools. Panasonic drills are small and yet still powerful and reliable. Black and Decker just came out with a nice 14.4v lithium drill that works pretty good.

I also recommend looking at the Makita LI series 18v. They are so much lighter than the old NiCd battery models. And all of the new makitas have a super handy LED headlight to illumine the work.
Casey

I also give the DeWalt 9.6 volt the thumbs up.
It has a smaller grip, the trigger requires less pressure and the thing weighs next to nothing. It also has as much power as many of the larger drills.
Plus it's nicely balanced -- I don't get any arm fatigue using it and I have tendinitis in my right hand.

There's also the small Bosch driver and adjustable angle driver. Both run on lithium batteries and are comparatively little. I have the latter for fastening in some tight spaces, and it'll drill too, though it doesn't have nearly the torque of my old DeWalt 18V drill.