1) Money borrowed from a friend 
a loan to a private individual from a bank or other financial institution.
Loans available from banks and other financial institutions to private individuals for personal use... <a target=_blank href='http://www.finance-glossary.com/terms/personal-loan.htm?id=1130&ginPtrCode=00000&PopupMode=false' title='Read full definition of personal loan'>more</a>
[n] - a loan that establishes consumer credit that is granted for personal use
consumer loan noun a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower`s integrity and ability to pay
A loan from a lender to a borower for personal use, such as the purchase of a car, holiday, home improvements, etc. A Personal Loan can be Unsecured or Secured.