Elvin F. is a young man of 21. He is very enthusiastic and full of energy. His father helped him to start his shop, which sells food, four years ago. In the beginning Elvin simply assisted his father by procuring the merchandise, but once he was of age his father entrusted him with the entire business. It has proven to be quite successful, and the store carries a range of food products and sweets.
Elvin has decided to take out a loan in order to further expand the variety of foods he sells. For this purpose he applied for a loan of $1200. He is counting on your help.