Here are some possibilities:
* It could be a misspelling of "Chile," which is the name of a country in South America.
* It could be a slang term or regional dialect word. Without more context, it's impossible to know for sure.
* It could be a name. "Chilo" could be a given name or a surname.
To understand the meaning, you need more context. Could you please provide:
* The sentence or phrase where you encountered the word "chilo."
* The language the word is from.
With more information, I can give you a more precise answer.