What do guatemalans think about punctuality?
schedules are more important than people.
they are never on time anywhere.
punctuality is admired but not strictly observed.
you can only be late if someone in your family just died.

The answer is the third option.

In Central and South America in general, the people are culturally more relaxed than the US when it comes to punctuality. However, Guatemalans specifically (from a cultural viewpoint) admire punctuality without strictly adhering to it. 

Mother mama gahahahaha