We propose the use of nonlinear periodic waveguides for direct and fully integrated generation of counterpropagating photon pairs by spontaneous parametric down-conversion. Using the unique properties of Bloch modes in such periodic structures, we furthermore show that two counterpropagating phase-matching conditions can be fulfilled simultaneously, allowing for the generation of path-entangled Bell states in a single periodic waveguide. To demonstrate the feasibility of our proposal, we design a photonic crystal slab waveguide made of lithium niobate and numerically demonstrate Bell-state generation.