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In Colombia it means attractive man, elegant man. Papito , papacito , churro (in female slang).
My wife who is aboriginal of the Ecuadorian Austro, uses this word to describe sleeping shoes.
DAD'S PAPUCHO, In Chile, cordial and affectionate way to call a man, My little daddy. . In Peru and Honduras It is handsome, pleasant In Mexico it is pale, paliducho syncopation