I just want to mention here I found some of my friends offering cheap web hosting in fiverr. Checkout their gigs. They offer following options for $5. Its Cheap I guess. Why don't you give a try Below are the links to those gigs. You can pay them via Paypal http://fiverr.com/calestomedia/provide-a-genuine-5-websites-hosting-package-for-1-year-including-cpanel-fantastico-sitebuilder-500-free-templates http://fiverr.com/llcoollasa/give-you-100mb-hosting-space
This blog is about my Development Experiences