The Victorinox Classic is a very, very popular model that people like - she might like some of the pastel colors that they come in:
classic
size:58 mm | 2 1/4 inch
Small blade
Scissors
Nail file with screwdriver tip
Toothpick
Tweezers
Key ring
Can be as low as under $9 from Wal*Mart
A model that may "WoW" is the
Signature II Lite - that combines a Pen and red LED light in the handle all in the size of a standard Classic -
signature ll lite
size:58 mm | 2 1/4 inch
Small blade
Scissors
Retractable pen
Nail file with screwdriver tip
Mini light
Key ring
Low priced at under $16
There are also metal handled versions of the Classic (but all lose the tools in the handles like - toothpick, tweezers)
Alox Classic #53012:
Low priced at about $13
or the plainer Companion in Silver Alox #53758:
and Red anodized Alox #53752:
Also both low priced at about $13
and even several fancy sterling silver models (at much higher prices):
Low priced at about $70
A regular sized SAK is also very handy - this is a really nice model:
Victorinox Compact #54941
compact knife
size:91 mm | 3 1/2 inch
Large blade
Scissors
Hook
Bottle opener with can opener, wire stripper and large screwdriver
Mini screwdriver
Corkscrew
Straight pin
Ball point pen
Tweezers
Key ring
Toothpick
I've seen this at about $20