That is absolutely hideous
(Not sure what WhatsApp is though... err, 28 year old male, am I in the demographic for it? I already have unlimited SMS for $5 a month or so, and it is indeed how I primarily use my phone.)
Also, the functionality of WhatsApp far exceed SMS's.
I doubt you will find another sub $75 phone with a QWERTY keyboard and WhatsApp.
The Pink and Yellow colors are a nice touch too. I think low-income buyers are tired of being limited to just black and gray phones.
I think the blue version will also look much better than the banana, ehm, yellow phone. A nephew had a yellow Nokia Lumia, everyone's first reaction was really "nice banana" :P