Margarita Almendra Collinao López (born 12 December 2003) is a Chilean footballer who plays as a midfielder for .
Collinao came to Colo-Colo youth system at the age of six and was promoted to the under-17 squad at the age of eleven. She left them at the end of the 2024 season.
In 2025, Collinao joined .
At the age of twelve she was called up to the Chile senior team and has also been the team captain. However, she made her first two appearances in friendly matches against Costa Rica in June 2018.
In March 2018, she represented Chile at under-17 in the South American Championship as well as the under-20s in both the 2022 South American Championship and the 2022 South American Games.
She is of Mapuche descent and her surname means "red jaguar" in Mapudungún.
In August 2022, she was honored as Illustrious Daughter (Hija Ilustre) of her hometown, San JoaquÃÂn.