It is possible but it is quite involved.  You would need a 3d figure model with UV mapping on which you will project your image on.  The face image needs to be composited in a 2D program like Photoshop and matched to the UV map.  Morphing is an entirely different process that either relies on preexisting morphs or morphs originally created in a sculpting program like Blender or ZBrush.  

So, while all these things are possible, you need to develop the skills to effectively convey an actual individual to 3D.