Yeru the Soul (Fairy of Color or SD-sized head) on a Fairy of Bugs (MSD-sized) body. Both by Peak's Woods.
She's wearing a default Peak's Wood's wig and Dreams of Tomorrow, a DeeAnna Denton (Tonner Doll) outfit.
The doll she is holding is Dawn, which is a miniature fashion doll from the 1980s.
That's a limited edition Skiya (also by Peak's Woods) in the background. She's playing big sister today. And Lady Bee hybrid (Peak's Woods head on a Soulkid body (by Souldoll)), dressed in DeeAnna Denton's Emerald Evening.