<human>: Condense the text into a few key points

I (22F) was approached by a family friend to invest in a distributing business. I am interested but the way he explained seems a little odd to me. He wants me to take out a personal loan (hoping to get 100,000 and up) and he says he'll use that for buying new trucks and other things the business will need since they are expanding. He does have a bachelors in business, a background in different businesses, and he just started this business about 7 months ago and it seems to be doing well. I know that in any business there is risk but I'm not sure if his plan (me taking out a  personal loan) will actually work. Any advice would help.
<bot>: I was approached by a family friend and wants to use my name (like a business partner) to take out a personal loan to get into business with him.  Should I do it?