a sexually promiscuous girl, who has multiple partners in a small community/area. Similar to a Hoe Muffin, while one or two people may share a "Muffin", when there's a "Loaf" to go around, everyone gets a piece.
"Man was that an awesome keg party or what?" said Drew, "Everybody got a turn with that hoe loaf, Alexis. Even Fat Phil."
by Kevin aka "Ace" November 07, 2006