Mix together the oil and beeswax in another glass measuring cup. Place the glass cup in a pan of water, making a water bath. Heat the oil-beeswax mixture in the water bath over medium heat until the beeswax is melted, stirring occasionally.

When the wax is melted, bring the borax-water mixture almost to boiling. Remove the oil-beeswax mixture from the water bath. Slowly add the borax water mixture to it, stirring briskly.

Remove the oil-beeswax mixture from the water bath. Slowly add the borax solution to it, stirring briskly.

Allow the lotion to cool completely. The consistency may seem a bit thin at first, but will thicken as it cools. Pout the lotion into a clean container with a lid. To use, massage a small amount into your skin.