He will have no way to pay back a loan because as you said he is unemployed. No one will give him a loan without a collateral. If he have assets, he can give that as collateral, otherwise, he have to find other way to get money.
But he said he would talk to someone whom he trusts and whom he can talk personally with, so if someone trusts you too and knows you personally then he might give you the money as a loan but then it is your duty to pay him back even if you are not employed because he trusted you that is why he had given you the money.
If money is really needed you have no other choice than taking a job you would not take under normal circumstances.
Or sell some stuff you nefer thought you would give away.