Preheat oven to 375 degrees.
In a large skillet, heat the oil over medium-high heat. Cook the onion, pepper and garlic until soft.
Remove the mixture from the heat and set aside to cool.
In a large mixing bowl, mix together the ground beef through the salt and pepper. Lastly, mix in the cooled cooked onion mixture until incorporated.
In a greased loaf pan form the meatloaf mixture into an even loaf. Spread over the salsa and bake in the oven for about 1 hour, or until the meatloaf is cooked though. Remove from the oven and let cool at least 10 minutes before slicing. Serve with a sprinkle of fresh cilantro.