Creating stored procedure and SQLite?

Answer: NO

Here's Why ... I think a key reason for having stored procs in a database is that you're executing SP code in the same process as the SQL engine. This makes sense for database engines designed to work as a network connected service but the imperative for SQLite is much less given that it runs as a DLL in your application process rather than in a separate SQL engine process. So it makes more sense to implement all your business logic including what would have been SP code in the host language.

You can however extend SQLite with your own user defined functions in the host language (PHP, Python, Perl, C#, Javascript, Ruby etc). You can then use these custom functions as part of any SQLite select/update/insert/delete. I've done this in C# using DevArt's SQLite to implement password hashing.

SQLite has had to sacrifice other characteristics that some people find useful, such as high concurrency, fine-grained access control, a rich set of built-in functions, stored procedures, esoteric SQL language features, XML and/or Java extensions, tera- or peta-byte scalability, and so forth

Source : Appropriate Uses For SQLite

If you are still interested, Chris Wolf made a prototype implementation of SQLite with Stored Procedures. You can find the details at his blog post: Adding Stored Procedures to SQLite