Hello, I wouldn't use that device to make a mobile game. That phone probably isn't capable with many of the features construct 2 has to offer nor will it run at a good frame rate. I would expect it to run the basics but nothing more then that.
When I started to develop my first Google Play Store game. I used my old Samsung Galaxy S2 which in comparison to your device it's quite superior. I would suggest using a low end phone to test on to get a stable frame rate and build on there. You don't really want to limit your audience because of there device.
If you aren't publishing to the Google Play Store then I would still suggest a better android device.