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Dirty Poncho 

the act of shitting (preferably diarrhea) on ones head; therfore leaving the person with a "dirty poncho"
guy: "I just gave my girlfriend a dirty poncho."

friend: SWEET!
Dirty Poncho by sirsmokebudzalot September 1, 2011

dirty mexican (aka Poncho) 

greasy, slippery, fun loving, 30+ yrs of age who dresses like a metrosexual tween. (often seen in holister garb). Of questionable Mexican heritage. Although fond of tequila, crack and puck bunnies...has discerning taste when it comes to beer burglers
q: "See that dirty old dude checkin out the sales girl at Holister?
A: Yeah...What a dirty mexican (aka poncho)
A: Agreed...such a Poncho

Dirty Pancho 

Similar to the sex act referred to as the "Cosby Sweater", the "Dirty Pancho" is a sex act performed when one partner eats Taco Bell or another kind of Mexican food and shits on the receiving partner's chest/stomach area for the arousal of one or both parties.
"Dude, Maria ate some Chipotle and a few hours later gave me the best Dirty Pancho I've ever had."

"Luci gave me my first Dirty Pancho last night and I came so hard."
Dirty Pancho by alexinwunderland February 16, 2014