In this article a woman patient with three losses in her pregnanacy were examined. Her psychic functioning, pregnancies and miscarriages are disscussed within the framework of the psychoanalytic perinatality theory. When projective test results were examined it was seen that psyhic functioning of patient was borderline. The presence of early problems related to object relations, the presence of difficulties in coping with the depressive position, and the intensity of the need for support are seen as important determinants in psychological functioning.