Possible Interpretations:
* Spanish: "Loquito" is a Spanish word that means "little crazy" or "crazy person." It is a diminutive of "loco," which means "crazy."
* Misspelling: It could be a misspelling of a different word, such as "loquacious," which means "tending to talk a great deal; talkative."
To understand the meaning accurately, you need more context.
Please provide:
* The source of the word: Where did you encounter this word?
* The sentence or context: What is the word being used to describe or explain?
With more information, I can give you a more accurate answer.