Households strategies for adjustment with risks is an understudied subject, in general but role of women in this regard has remained particularly neglected. Author had taken up a comprehensive study of Impoverishment in Drought Prone Regions in collaborations with Swiss Dev Corporation and NABARD during 1981 in a drought prone district (Ahmednagar) of Maharashtra. The purpose was to identify the policy options for rural credit for drought prone regions. Subsequently during 1985-86, some of the women member of the households were revisited to understand the changes if any in terms of repertoire of the risk adjustment strategies. The paper summarizes some of the ways in which rural women contribute towards risk adjustment with special reference to the problems of credit. This is a preliminary draft and a more comprehensive study will be separately brought out.