Paco is a person's name. Un Paco would mean "A Paco" or "One Paco"
The statement above probably meant to say "Un poco" which means "a little" or "a little bit"
'un paco' also means 'a paco. alpaca'
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Paco is usually a nickname for people named Francisco. In English the nickname "Frank" is associated with people named Francis (the English version of Francisco).
But remember that is is improper for anyone other than the owner of the name to translate a name. A person named Paco should be called Paco in any language unless they choose to be called a different name.
The name Paco is a baby boy name. The name Paco comes from the Spanish origin. In Spanish The meaning of the name Paco is: Free.