5mg ED of var is a good starting dose for a female. Have her run it for at least 2 weeks at 5mg to see how she feels. In many instances, a woman can up her dose to 10mg ED with all the benefits of a higher dose, and very few sides. If she does experience some sides, it will likely be slight scratchiness in her voice, sensitivity in her clitoris, and perhaps very slight clitoral enlargement. Most women don't see too much of these types of sides until they get to higher doses of about 20mg ED, but everyone is different, and it's good to pay close attention if that's a concern.
I would not expect to see any significant fat loss from the compound. Rather, she'll need to rely on her diet. She'll see a nice bump in strength, and it does a very good job of hardening the muscle she has, and she'll notice a nice improvement in her "lines." Don't see any issues with her running it for 6-8 weeks.
Var will hit the HDL (lowers it), but it comes back after cessation of the compound.