Names ending with O are popular, but this one is almost unheard-of. Faro has the advantages of being easy to spell and pronounce (unless it's confused with Pharaoh), and a bright meaning. Ultimately it comes from Pharos, the island where the great Lighthouse of Alexandria was built, and there's a district and city in Portugal called Faro. Be aware: it's also the name of a gambling card game, highly popular in the nineteenth century before poker took over.