The same problem for me with Brooklin Theme. Loco work fine until now. I upgrade my theme, lost the translation. I translate again it seems work in the administrator panel of loco but nothing change on my website, it still in english !!
I try to put the .mo and .po file in ”wpcontent/languages/themes” or in “wpcontent/themes/brooklin/languages” but nothing work.
I delete .po and .mo file. Uninstall Loco plugins. Install it again, translate but it is the same !!!